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$ 275,000
Est. payment /mo
New
12769 Meyers Road Detroit, MI 48227
4 Baths
8,276 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261055120
HOA Y/N true
Year Built 1925
Annual Tax Amount $4,492
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 70X115
Source Realcomp
Property Description
Turnkey 4-unit investment opportunity in Detroit, 3 of 4 units currently occupied. All four units are identical 2-bedroom/1-bath layouts — two leased at $1,000/month, one at $950/month, and the fourth in the process of being leased at $1,000/month and set to be occupied prior to closing, bringing total gross rent to $3,950/month ($47,400/year). All tenants pay cash and have a consistent on-time payment history, with low turnover across the building. Major capital items have been addressed, including a newer furnace, roof, windows, and hot water tank, and the vacant unit has been freshly painted with new carpet and is move-in ready. A private, fenced backyard and separate utilities per unit round out this stabilized, cash-flowing addition to any rental portfolio.
Location
State MI
County Wayne
Zoning Multi-Family
Direction S off Jeffries
Interior
Heating Forced Air
Cooling Central Air, Window Unit(s)
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W22I020551C2
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Listed by Real Broker, LLC
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