12769 Meyers Rd, Detroit, MI 48227
- $275,000
- 4
- BA
- 3,658
- SqFt
- List Price
- $275,000
- MLS#
- 20261055120
- Status
- ACTIVE
- Bathrooms
- 4
- Subdivision
- JOHN M WELCHS MAYVIEW SUB 2
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.
Additional Information
- Year Built
- 1925
- Basement Type
- Common, Unfinished
- Acres
- 0.19
- Style
- Colonial
- Acres
- 0.19
- School District
- Detroit
- Interior Features
- Entrance Foyer
- Cooling
- Central Air, Separate Meters, Window/Wall
- Heating
- Forced Air, Natural Gas
- Garage Description
- On Street
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Courtesy of Real Broker, LLC 8554500442
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