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$1,760,000
48 Baths 20240042177 MLS
Lucrative Investment Opportunity: Well-Established 40-Unit Apartment Building! *Call for Offers for Monday July 1st at 3 pm.* Seeking a stable and profitable investment? Look no further than this exceptional 40-unit apartment complex located in Detroit. The property boasts a strong rental history and excellent income potential. Currently generating a gross annual income of approximately $324,000 with a projected Net Operating Income (NOI) of $227,000 for 2024, this investment offers proven performance. There's also significant value-add opportunity: reach full capacity and unlock even greater income. Projected gross income upon full occupancy is $432,000. The complex caters to a wide range of renters with a diverse unit mix of spacious 2-bedroom townhouses (8 units), regular 2-bedroom units (8 units), and efficient 1-bedroom units (24 units). Landlord currently covers water, gas, and electric. Don't miss out on this income-generating gem! Showings require advanced notice to respect current tenants. Contact us today to schedule a showing and learn more about this opportunity in a desirable location. Proof of funds and/or financing is required to schedule a showing.

19143 Berg Rd, Detroit

Courtesy of EXP Realty Main 8885017085

Selling Office: EXP Realty Main.

$92,000
3 Beds 1 Baths 20240022134 MLS
Great 3 bedroom, 1 bathroom bungalow on a huge 40'x221' lot in the northwest part of Detroit. Charming curb appeal w/ covered front porch large enough for a small table and chairs. Beautiful new kitchen w/ new cabinets, faucet, sink, countertop, and subway tile backsplash. Updated bathroom w/ new sink, faucet, and vanity. Freshly painted interior walls, ceiling, and trim. Gleaming hardwood floors recently refinished on main level and new vinyl flooring upstairs. Vinyl windows and bright overhead lighting throughout. New roof & siding in 2023. Sewer line upgraded to PVC. Copper and PEX plumbing. Updated electrical panel (permits pulled). Gas and electric hookups for kitchen stove and laundry dryer. Poured foundation walls appear to be in great condition. Fenced-in backyard only encloses a portion of the lot, which extends another 80+ feet to the south into a private, park-like setting. City of Detroit Rental Certificate of Compliance is complete. Great opportunity for all types of buyers. Owner occupy for less than the cost to rent (Previous tenant was paying $1,200/month). Buy as an income property and rent for >1% of your purchase price. Centrally located between 7 Mile Rd and W. McNichols Rd, and only 1 mile from the historic Redford Theater. Close proximity to multiple grocery stores and major roads, including 8 Mile Rd, M-39, Telegraph Rd, W Grand River Ave, and I-96. Seller will install gently used furnace, water heater, and air conditioner (less than 5 years old) prior to closing.

20901 Pickford St, Detroit

Courtesy of KW Grosse Pointe 3138867239

Selling Office: EXP Realty LLC.

IDX provided courtesy of Realcomp II Ltd., via Real Estate Company. 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.