$275,000
Est. payment /mo
4 Baths
8,276 Sqft Lot
New
12769 Meyers Road Detroit, MI 48227
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261055120
HOA Y/N true
Year Built 1925
Annual Tax Amount $4,492
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 70X115
Source Realcomp
Property Description
Turnkey 4-unit investment opportunity in Detroit, 3 of 4 units currently occupied. All four units are identical 2-bedroom/1-bath layouts — two leased at $1,000/month, one at $950/month, and the fourth in the process of being leased at $1,000/month and set to be occupied prior to closing, bringing total gross rent to $3,950/month ($47,400/year). All tenants pay cash and have a consistent on-time payment history, with low turnover across the building. Major capital items have been addressed, including a newer furnace, roof, windows, and hot water tank, and the vacant unit has been freshly painted with new carpet and is move-in ready. A private, fenced backyard and separate utilities per unit round out this stabilized, cash-flowing addition to any rental portfolio.
Location
State MI
County Wayne
Zoning Multi-Family
Direction S off Jeffries
Interior
Heating Forced Air
Cooling Central Air, Window Unit(s)
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W22I020551C2
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Listed by Real Broker, LLC
NEARBY SCHOOL & BUSINESS
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