14028 Faircrest St - Apartments FOR SALE


Detroit, MI 48205- Burbank
$299,000 USD
248-251-9894
14028 Faircrest St, Detroit, MI for Sale
$299,000 USD
Apartments - FOR SALE
1/23
null | 11.3% Cap Rate

14028 Faircrest St
Detroit, MI 48205
Burbank


OVERVIEW

ncome-Producing 4-Unit in Prime Detroit Location Opportunity knocks with this fully occupied 4-unit residential building located in a high-demand area of Detroit. This property is already generating steady rental income, making it a great fit for investors looking to step into cash flow from day one. Each unit is tenant-occupied with room for value-add potential down the line. Whether you continue to collect rent as-is or choose to renovate as leases turn over, there's strong upside to increase ROI. Street parking is available and there's also a private driveway for added convenience. Situated in a central, accessible location with growing interest, this property offers an affordable way to make your mark in Detroit's real estate market. Don't miss your chance to tap into a proven income stream with even more potential ahead.

FOR SALE DETAILS

PRICE

$299,000 USD

PRICE/SF

$99 USD /SF

# OF UNITS

4

PRICE/UNIT

$74,750

CAP RATE

11.3%

% 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

1924

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

R2

APN/PARCEL ID

21-018801

ASK ABOUT THIS PROPERTY

Ryan HewardGolden Key Real EstateMore Info
248-251-9894

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Ryan HewardGolden Key Real EstateMore Info
248-251-9894

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