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Additional details
$ 1,200,000
Est. payment /mo
Active
11811 Morang DR Detroit, MI 48224
33 Beds
22 Baths
12,364 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 12,364 sqft
Price per Sqft $97
Subdivision Lincoln Gardens
MLS Listing ID 58050192149
Bedrooms 33
Full Baths 22
Year Built 1958
Property Sub-Type MultiFamily
Property Description
Calling all investors! 22 unit complex with 11 one bed one bath units and 11 two beds one bath units. Updated windows. Updated plumbing. Updated electrical! All new electic baseboard heaters. All new doors. Units have been remodeled. 19 units are occupied out of the 22 units. This complex is at a 15% cap at listing price. Once the 3 vacants are occupied this will be a 17% cap building. Cash cow ! The 3 vacants will be rented by closing. Serious buyers only.
Location
State MI
County Wayne
Area Area05055Detconmorsgrathstn7Mack
Interior
Heating Baseboard, Electric, SeparateMeters
Exterior
View Y/N No
Building
Foundation Basement
Sewer PublicSewer
Water Public
Schools
School District Detroit
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
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Listed by Justin Zehel of Keller Williams Paint Creek