18333 Schoolcraft - Apartments FOR SALE


Detroit, MI 48223- Brightmoor
$580,000 USD
313-363-6027
18333 Schoolcraft, Detroit, MI for Sale
$580,000 USD
Apartments - FOR SALE
1/24
null | 8.97% Cap Rate

18333 Schoolcraft
Detroit, MI 48223
Brightmoor


HIGHLIGHTS

  • 100% Occupancy
  • New Boiler and Hot Water Tank
  • Building Well Maintained

OVERVIEW

Discover this well-maintained 8-unit apartment building in a quiet, clean community setting. The property features (5) spacious one-bedroom units and (3) comfortable two-bedroom units, each designed with convenience and comfort in mind. Property Highlights: New boiler and hot water tank for reliable efficiency Coin-operated laundry facility on-site Cable ready units with intercom system Kitchens equipped with refrigerator, oven, and range Bathrooms with tub/shower combo Comfortable living with carpet and vinyl flooring Smoke-free environment for tenant safety Sprinkler system and safety features throughout This property offers residents a quiet, clean, and well-maintained place to call home, with modern updates and strong rental appeal. 100% occupied.

FOR SALE DETAILS

PRICE

$580,000 USD

PRICE/SF

$60 USD /SF

# OF UNITS

8

PRICE/UNIT

$72,500

CAP RATE

8.97%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

commercial

APN/PARCEL ID

22-0088457

ASK ABOUT THIS PROPERTY

Michelle GillLPT Realty, LLCMore Info
313-363-6027

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Michelle GillLPT Realty, LLCMore Info
313-363-6027

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