Multifamily Investment Opportunity

Price

$190,000

5 Units - 2,706 SF

Welcome to this charming five-unit property located on a quiet street in the sought-after Southwest Detroit neighborhood. This vacant and freshly cleaned out property is a fantastic opportunity for savvy investors looking to expand their portfolio. With a potential monthly rental income of $5,400, this property promises great returns.

The unit mix of this property is designed to cater to a diverse range of tenants. It features one spacious 3-bedroom unit, perfect for a larger family seeking a comfortable living space. Additionally, there are two well-appointed 2-bedroom units, ideal for young professionals or couples. Lastly, two cozy 1-bedroom units complete the unit mix, offering an affordable option for individuals or small households.

While the property requires some cosmetic repairs, the potential is undeniable. With these minor upgrades, you can enhance the appeal and maximize the rental value of each unit. This is an excellent opportunity for investors with an eye for long-term gains, as the demand for quality rental properties in Southwest Detroit continues to grow.

Don't miss out on this great investment opportunity to add a well-located five-unit property to your portfolio. Take advantage of the strong rental market, potential rental income, and the opportunity to make cosmetic upgrades that will increase the value of this property. Schedule a showing today and seize this chance to secure your financial future in Southwest Detroit.

Please submit all offers directly to ericb@andersonandryan.com

Property Photos

https://photos.app.goo.gl/X9jrYZq1DMueJw7Y8

Property Map:

A&R Development & Acquisitions

Anderson and Ryan, LLC

Mobile: 615-987-7897

ericb@andersonandryan.com

www.andersonandryan.com

*Note* You DO NOT have permission to market this property in anyway to anyone on any social media platforms, email, or direct to someone you know. You DO NOT have permission to mark up the property for your profit. If you know someone who may want to invest with us on this property contact ericb@andersonandryan.com directly to discuss. This is an off market investment opportunity.