11371 7 Mile Rd, Detroit 48234 – 7 Unit Detroit Apartment For Sale For Sale

  • $270000
  • 8 beds
  • 7 baths
  • 3612 sqft

11371 7 Mile Rd, Detroit 48234 – 7 Unit Detroit Apartment For Sale

I have a Detroit Apartment For Sale on the Eastside. This deal is on an occupied 7 unit apartment building. 5 units are occupied and 2 units need rehab. Estimated rehab is $8K for 2 vacant units. Owner has made several improvements to the property. Once fully occupied property will have cap rate of 12%

ADDRESS: 11371 7 Mile, Detroit, MI 48234

DROPBOX: https://www.dropbox.com/sh/3swmpo490kkmvvh/AADu6NaoTAYAaWO2mPOdXQYha?dl=0

  • Asking $270K
  • 7 units: Six 1BD units – One 2BD unit
  • 5 units occupied: $2,575.00/month
  • Two 1BD units need rehab: Estimated rehab $8K
  • Brick

Sold as-is. Buyer to verify all information and perform due diligence. $2500 EMD. Contact emilio@quickpropertysolutions.co to schedule a walk through.

Price:
$270000
Address:
11371 7 Mile Rd
Detroit, MI 48234
Square Feet:
3612
Lot Size:
6534
Bedrooms:
8
Bathrooms:
7
Terms:
For Sale
Property Type:
Apartment
Year Built:
1968
Const. Type:
Brick

Call (248) 289-8068 for more details

Property Location