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(248) 345-5109
Real Estate Company
18230 Weaver St, Detroit, MI 48228
- $949,900
- 17
- BA
- 11,520
- SqFt
- List Price
- $949,900
- MLS#
- 20261079920
- Status
- ACTIVE
- Bathrooms
- 17
- Subdivision
- EMERSON PARK
Property Description
17-UNIT MULTIFAMILY VALUE-ADD OPPORTUNITY IN DETROIT! NEAR-TURNKEY, EXTENSIVELY RENOVATED ASSET WITH MAJOR CAPITAL IMPROVEMENTS ALREADY COMPLETED, INCLUDING ROOF, WINDOWS, EXTERIOR, FRAMING, DRYWALL, PAINT, LVP FLOORING, AND ROUGH PLUMBING/ELECTRICAL. REMAINING WORK IS PRIMARILY FINAL MECHANICAL AND PLUMBING TRIM, INCLUDING FURNACES, WATER HEATERS, SINKS, FAUCETS, AND SHOWER DIVERTERS. ALL UNITS ARE INDIVIDUALLY SUBMETERED, HELPING REDUCE OWNER UTILITY EXPOSURE. PROPERTY TO BE DELIVERED VACANT, PROVIDING AN OPPORTUNITY FOR NEW OWNERSHIP TO EXECUTE A FRESH LEASE-UP STRATEGY AT CURRENT MARKET RENTS. PROPERTY ALSO PARTICIPATES IN THE DETROIT PILOT TAX ABATEMENT PROGRAM, SUBJECT TO PROGRAM TERMS. STRONG VALUE-ADD POTENTIAL WITH A CLEAR PATH TO STABILIZATION AND INCREASED CASH FLOW. BUYER TO VERIFY ALL INFORMATION, PERMITS, PILOT TERMS, UNIT DETAILS, AND PROJECTED RENTS. FOR MORE INFORMATION, CONTACT THE LISTING AGENT!
Additional Information
- Year Built
- 1969
- Basement Type
- Unfinished
- Acres
- 0.53
- Lot Dimensions
- 200x600
- Style
- Common Entry Building
- Acres
- 0.53
- School District
- Detroit
- Heating
- Other
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Courtesy of RE/MAX Team 2000 3135610900
IDX provided courtesy of Realcomp II Ltd., via Real Estate Company and . Copyright 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.