10311 Cadieux Rd, Detroit, MI 48224
- $675,000
- 12
- BA
- 7,228
- SqFt
- Sold Price
- $675,000
- List Price
- $675,000
- Closing Date
- Jun 14, 2024
- MLS#
- 20240018770
- Status
- CLOSED
- Bathrooms
- 12
- Subdivision
- MORE THAN ONE SUBDIVISION INVOLVED
Property Description
Rare opportunity don't let this pass you by. 100% occupancy and all rents are at market rate. The average rent is just over $1000. No deferred maintenance, start cash flowing from day 1. 10 of the 12 units are section 8 with regular rent increases each year. All tenants are in a lease. The owner pays for water, heat, and some electricity. The water bill averages $400. Also, the taxes were just lowered. This means more cash in your pocket. No showings without an accepted offer. The buyer will receive a warranty deed, title insurance, and a clear title. The buyer is to pay a $495 transaction fee to Downtown Realty. The agent is part of the LLC selling the property. ***DO NOT DISTURB THE TENANTS***
Additional Information
- Year Built
- 1962
- Basement Type
- Common Storage Locker, Unfinished
- Acres
- 0.21
- Style
- Common Entry Building
- Acres
- 0.21
- School District
- Detroit
- Cooling
- Ceiling Fan(s), Wall Units
- Heating
- Baseboard, Natural Gas, Radiant
Mortgage Calculator
Courtesy of Downtown Realty 3134667253
Selling Office: Downtown Realty.
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.