MI > Detroit > Mi
Detroit, MI 48238 3493,13535 LA SALLE Boulevard
Detroit, MI 48238 3493,13535 LA SALLE Boulevard
Detroit, MI 48238 3493,13535 LA SALLE Boulevard
Detroit, MI 48238 3493,13535 LA SALLE Boulevard
Detroit, MI 48238 3493,13535 LA SALLE Boulevard
Detroit, MI 48238 3493,13535 LA SALLE Boulevard
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David Godin

David Godin

+1(586) 416-0600
$ 899,990
Est. payment | /mo

19 Baths

11,075 SqFt

Save
$ 899,990
Est. payment | /mo
Save

19 Baths

11,075 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,075 sqft

Price per Sqft $81

Subdivision Mi

MLS Listing ID 60920800

Full Baths 19

Year Built 1929

Annual Tax Amount $12,330

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 76.00 x 110.00

Property Sub-Type Multi-Family

Property Description

Rare opportunity on this Value Add Multi Family comprised of 19 units. Full brick well maintained building in the heart of Detroit. All units have been renovated. Unit mix consists of (14) one bedroom units, (1) two bedroom units ,(4) studio units. Strong financials with a projected 12.5%+ cap rate with all 19 units rehabbed. Each hallway and common areas are updated. Each unit has its own electric meter, Plenty of crucial upgrades completed including new boiler, common area and unit renovations, and many other capital upgrades totaling 250,000. The exterior has been impeccably maintained with a newer Spanish clay tile roof on the building, newer windows, and parking available for tenants. All tenants are in great standing with management, and management is offering a one or two year transition management agreement to the new investor. Conveniently located near major highways making commuting to nearby landmarks such as Wayne State University and Downtown Detroit. Don't miss out on this amazing opportunity.

Location

State MI

County Wayne

Area Detroit (82001)

Rooms

Basement Block, Common, Outside Entrance, Partially Finished

Interior

Heating Radiant, Steam

Cooling Wall/Window A/C

Fireplace No

Exterior

Exterior Feature Brick

Amenities Available Laundry Facility, Private Entry

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

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by EXP Realty Main
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Find out why customers are choosing LPT Realty to meet their real estate needs

+1(586) 416-0600

davidgodin@hotmail.com

101 W Big Beaver Rd, Troy, MI, 48084, USA

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13535 LA SALLE Boulevard