$1,100,000
$1,185,000
7.2%For more information regarding the value of a property, please contact us for a free consultation.
19625 Conant Street Detroit, MI 48234
24 Baths
0.49 Acres Lot
Key Details
Sold Price $1,100,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Municipality Detroit City
Subdivision Detroit City
MLS Listing ID 50192591
Sold Date 05/21/26
Year Built 1958
Lot Size 0.490 Acres
Acres 0.49
Lot Dimensions 148x115x148x115
Source MiRealSource
Property Description
Great investment! 24 unit brick apartment complex for sale! This property has all private entrance units, no common areas! This complex offers 1) 2 bedroom 1 bath unit / 23) 1 bedroom 1 bath units! This complex has a laundry room for tenants use! Newer roof. Electric base board heat! NO boiler. Units have been updated and are In great condition. Large parking lot fenced in. Prime location. High $900-$1100 a month rents. Bringing in a 13% cap rate with great cash flow! Whether you are looking to expand your portfolio or make your first investment, this property offers long-term potential with minimal immediate maintenance!
Location
State MI
County Wayne
Rooms
Basement Slab
Interior
Heating Forced Air
Exterior
View Y/N No
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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