REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 350,000
Est. payment /mo
Pending
3633 Oakman Boulevard Detroit, MI 48204
9 Baths
5,752 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 5,752 sqft
Price per Sqft $60
Subdivision Mi
MLS Listing ID 60970209
Full Baths 9
Year Built 1925
Annual Tax Amount $6,031
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 45X120
Property Sub-Type Multi-Family
Property Description
Excellent investment opportunity! This fully occupied 9-unit apartment building offers strong, consistent cash flow with each unit featuring 1 bedroom and 1 bathroom. Rental income varies, with some units leased at $700 per month and others at $750 per month, providing immediate returns for both new and experienced investors. Each unit offers a comfortable layout designed for everyday convenience, and tenants benefit from a coin operated community washer and dryer on site, adding extra value and additional income potential. This is a fantastic opportunity to generate steady rental income while building long term equity. Whether you're expanding your portfolio or entering the multifamily market, this property checks all the boxes. Don't miss out!
Location
State MI
County Wayne
Area Detroit (82001)
Rooms
Basement Block
Interior
Heating Forced Air
Fireplace No
Exterior
Exterior Feature Brick
Building
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional,FHA,VA
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by EXP Realty Main