3675 Oakman Blvd - Apartments FOR SALE


Detroit, MI 48204- North Detroit
$464,900 USD
513-841-7000
3675 Oakman Blvd, Detroit, MI for Sale
$464,900 USD
Apartments - FOR SALE
1/19
null | Request Cap Rate

3675 Oakman Blvd
Detroit, MI 48204
North Detroit


HIGHLIGHTS

  • 16-Units

OVERVIEW

16-Unit Multifamily Investment Opportunity! This well-located apartment building features 9 one-bedroom units, approximately 516 sq. ft. each, and 7 studio units, approximately 288 sq. ft. each. Each unit is equipped with its own in-unit furnace and hot water tank, while heat and electric are separately metered for each unit, providing efficient utility management. A common basement laundry room adds convenience for residents. Ideally situated with mass transit directly across the street and surrounded by established multifamily properties, this property offers an attractive opportunity for investors seeking a well-positioned income-producing asset. BATVAI. Sold as is.

FOR SALE DETAILS

PRICE

$464,900 USD

PRICE/SF

$49 USD /SF

# OF UNITS

16

PRICE/UNIT

$29,056

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1929

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

-

APN/PARCEL ID

16-025186

ASK ABOUT THIS PROPERTY

Jeff LaneProdigy PropertiesMore Info
513-841-7000

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Jeff LaneProdigy PropertiesMore Info
513-841-7000

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