See all 9 photos
$799,900
Est. payment /mo
13 Beds
13 Baths
8,748 SqFt
New
1705 Oakman BLVD Detroit, MI 48238
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Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 8,748 sqft
Price per Sqft $91
Subdivision Robt Oakmans Ford Hwy & Linwood Sub
MLS Listing ID 58050212081
Style Morethan2Stories
Bedrooms 13
Full Baths 13
Year Built 1927
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type MultiFamily
Property Description
Calling all investors! 13-unit brick apartment building featuring all one-bedroom, one-bath units. 10 of the 13 units have been fully remodeled, with updated windows throughout the property. The seller has also invested thousands into maintaining the boiler system, keeping it in excellent condition. Low operating expenses with tenants paying DTE, water, and trash. The property is 100% approved for the PILOT program and will kick in next year. Strong rental demand, great market rents, and a convenient location make this an excellent cash-flow opportunity. A solid, updated multifamily property with plenty to offer both new and seasoned investors.
Location
State MI
County Wayne
Area Area05043Detlivernoisi756Gdriver
Interior
Heating Natural Gas, Separate Meters, Steam
Fireplace No
Exterior
View Y/N No
Building
Foundation Basement
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Detroit
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition ShortSaleNo, Standard

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Listed by Justin Zehel of Keller Williams Paint Creek
NEARBY SCHOOL & BUSINESS
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