Investor Special! Exceptional investment opportunity with strong, stabilized rents with a 15% cap rate. This package deal includes an 8-unit apartment building and a 12-unit apartment complex, totaling 20 units. 8-Unit Complex: Features updated windows and newer HVAC systems. 12-Unit Complex: Equipped with newer HVAC systems. All Units: 1-bedroom, 1-bathroom layouts in good condition. Heating: No boilers-each unit has a forced-air furnace. Ideal for first-time investors! Rent rolls and expense reports are available upon request. Serious buyers only. Seller financing is available-just ask! Other address included is 14103 Rochelle St, Detroit, MI 48205.
Property Details
Price:
$800,000
MLS #:
58050170399
Status:
Active
Beds:
8
Baths:
8
Address:
18625 Schoenherr ST
Type:
Single Family
Subtype:
Multi Family
Subdivision:
SCHOENHERRS HOME SUB
Neighborhood:
05054 – Det 8 To Gratiot/Houston To 7
City:
Detroit
Listed Date:
Apr 3, 2025
State:
MI
Finished Sq Ft:
5,054
ZIP:
48205
Year Built:
1965
See this Listing
I’m a first-generation American with Italian roots. My journey combines family, real estate, and the American dream. Raised in a loving home, I embraced my Italian heritage and studied in Italy before returning to the US. As a mother of four, married for 30 years, my joy is family time. Real estate runs in my blood, inspired by my parents’ success in the industry. I earned my real estate license at 18, learned from a mentor at Century 21, and continued to grow at Remax. In 2022, I became the…
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Schools
School District:
Detroit
Interior
Bathrooms
8 Full Bathrooms
Heating
Forced Air, Natural Gas, Separate Meters
Exterior
Financial
Taxes
$5,637
Map
Community
- Address18625 Schoenherr ST Detroit MI
- SubdivisionSCHOENHERRS HOME SUB
- CityDetroit
- CountyWayne
- Zip Code48205
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18625 Schoenherr ST
Detroit, MI
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