12880 Dolphin St - Apartments FOR SALE


Detroit, MI 48223- Brightmoor
$600,000 USD
248-864-2200
12880 Dolphin St, Detroit, MI for Sale
$600,000 USD
Apartments - FOR SALE
1/27
null | Request Cap Rate

12880 Dolphin St
Detroit, MI 48223
Brightmoor


HIGHLIGHTS

  • 12880 Dolphin Street presents an eight-unit apartment building.
  • Nestled in the Brightmoor neighborhood of Detroit, a community with a full calendar of events.
  • The building has full occupancy and generates steady income.
  • I-96 runs through the south end of Brightmoor, and Telegraph Rd and Southfield Fwy give access to the greater Detroit area.

OVERVIEW

This fantastic multifamily zoned commercial property offers an exceptional opportunity for investors looking to expand their portfolio or generate steady rental income. This property features eight well-maintained units. This is a prime investment opportunity with a strong rental history and high demand in the area. The flexible zoning allows for a variety of uses, adding even more value for future development or growth. Whether you're looking to generate consistent rental income or explore potential for redevelopment, this property is an ideal choice. Inquire today and schedule your showing.

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$85 USD /SF

# OF UNITS

8

PRICE/UNIT

$75,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

PARKING SPACES

12

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

22-124729

ASK ABOUT THIS PROPERTY

Future DaviseXp CommercialMore Info
248-864-2200

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Future DaviseXp CommercialMore Info
248-864-2200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.