9439 Chalmers St - Apartments FOR SALE


Detroit, MI 48213- Conner
$320,000 USD
248-227-0182
9439 Chalmers St, Detroit, MI for Sale
$320,000 USD
Apartments - FOR SALE
1/3
null | 10.9% Cap Rate

9439 Chalmers St
Detroit, MI 48213
Conner


OVERVIEW

-9439 Chalmers Street is a well-maintained, 8-unit apartment building in the Jefferson Chalmers neighborhood on Detroit's East Side. All units are 1-bedroom, 1 bathroom with expansive layouts, and abundant natural light. With strong occupancy rates and sustained demand for quality housing in Detroit's East side, this offers an investment opportunity for someone seeking stable cash flow and option to capitalize on untapped potential through property enhancements.

FOR SALE DETAILS

PRICE

$320,000 USD

PRICE/SF

$54 USD /SF

# OF UNITS

8

PRICE/UNIT

$40,000

CAP RATE

10.9%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

Commercial

APN/PARCEL ID

21-05586-870

ASK ABOUT THIS PROPERTY

Sloane WalshO'Connor Real EstateMore Info
248-227-0182

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Sloane WalshO'Connor Real EstateMore Info
248-227-0182

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