19169 Lahser, Detroit, MI 48219
- $850,000
- 24
- BD
- 20
- BA
- 15,390
- SqFt
- Sold Price
- $850,000
- List Price
- $875,000
- Closing Date
- Feb 08, 2024
- MLS#
- 58050102676
- Status
- CLOSED
- Bedrooms
- 24
- Bathrooms
- 20
- Subdivision
- SEVEN MILE LAHSER SUB
Property Description
Great investment opportunity, 13% plus cap rate! Renovated 2.5 story 20-unit brick apartment building with eleven 1-bed 1-bath, six 2-bed 1-bath and 2 studios situated on a 14,810 sf site with good curb appeal. Leases negotiable upside increase to market rents, current occupancy 100%. Boiler and roof updated, parking lot for tenants. Property manager in place or self-manage. Ideal opportunity for cash buyer or bank financing.
Additional Information
- Year Built
- 1971
- Acres
- 0.34
- Acres
- 0.34
- School District
- Detroit
- Heating
- Forced Air, Natural Gas, Separate Meters
Mortgage Calculator
Courtesy of Keller Williams Paint Creek 2486098000
Selling Office: Abdoo Realty.
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