13535 E Mcnichols Rd, Detroit, MI 48205

$935,000
23
BA
19,000
SqFt

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Sold Price
$935,000
List Price
$1,050,000
Closing Date
Jun 20, 2024
MLS#
20230011476
Status
CLOSED
Bathrooms
23
Subdivision
MICHAEL GREINER ESTATE (PLATS)

Property Description

Great Investment Opportunity!!! Well Maintained, Stabilized and Producing 23 unit Apartment Building. Next door - 13521 (7 units) McNichols is also available for sale. Properties are next to each other and might be sold together. Currently producing at a $182000k a year Gross . Current Net income is $134,000 Projected gross income once fully leased $202,000.00 23 - one bedrooms units Landlord pays water, gas, electric. Needs advance notice to show. Do not disturb tenants.

Additional Information

Year Built
1958
Basement Type
Finished
Acres
0.41
Style
High Rise
Acres
0.41
School District
Detroit
Heating
Electric, Radiant
Garage Description
Parking Lot, Unassigned

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Calculator source: Real Geeks

Courtesy of EXP Realty LLC 8885017085

Selling Office: Berkshire Hathaway HomeServices The Loft Warehouse.

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