20351 E 8 Mile Rd - Apartments FOR SALE


Saint Clair Shores, MI 48080
$269,900 USD
586-792-8000
20351 E 8 Mile Rd, Saint Clair Shores, MI for Sale
$269,900 USD
Apartments - FOR SALE
1/23
null | 7.6% Cap Rate

20351 E 8 Mile Rd
Saint Clair Shores, MI 48080


HIGHLIGHTS

  • easy rental
  • low maintenance
  • close to freeways

OVERVIEW

This duplex is the one! Great cash flow investment or live in one side and rent the other side out. Each unit is a 2 Bedroom/1 Bath Townhouse with a basement. Each unit has gas, electricity, and water metered separately. Newer furnaces/Hot Water Tanks in both units. Newer Kitchen in one unit with granite counters. Roof is about 7-8 years old. Plumbing updated. Vinyl Windows. One unit is tenant occupied at $1200/month and lease goes through early 2028. Other unit is ready to rent! Both rent certified with city until 2028. Dont miss out!

FOR SALE DETAILS

PRICE

$269,900 USD

PRICE/SF

$135 USD /SF

# OF UNITS

2

PRICE/UNIT

$134,950

CAP RATE

7.6%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

residential

APN/PARCEL ID

09-14-33-360-022

ASK ABOUT THIS PROPERTY

Jacob ThompsonRe/Max FirstMore Info
586-792-8000

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Jacob ThompsonRe/Max FirstMore Info
586-792-8000

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