9455 Chalmers St - Apartments FOR SALE


Detroit, MI 48213- Conner
$624,000 USD
313-704-2678
9455 Chalmers St, Detroit, MI for Sale
$624,000 USD
Apartments - FOR SALE
1/3
null | 11.25% Cap Rate

9455 Chalmers St
Detroit, MI 48213
Conner


OVERVIEW

9455 Chalmers Street is a well-maintained, 16-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. Property tours will be Thursday, Oct 30th at 3:00 PM

FOR SALE DETAILS

PRICE

$624,000 USD

PRICE/SF

$54 USD /SF

# OF UNITS

16

PRICE/UNIT

$39,000

CAP RATE

11.25%

% 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

0.23 AC

LAND SF

9,839 SF

ZONING

Commercial

APN/PARCEL ID

21-0558637

ASK ABOUT THIS PROPERTY

Vincent MazzolaO'Connor Real EstateMore Info
313-704-2678

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Vincent MazzolaO'Connor Real EstateMore Info
313-704-2678

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