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About the Listing 431497 - 399249,456321
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.
Listing Highlights
Interior Details
- Bedrooms: 8
- Bathrooms: 4 Full
- Appliances:
- Air Cond: Central Air,Separate Meter,Window Unit(s)
- Heating: Forced Air,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 3658
- Below Ground Sq Ft: 1829
- Basement: Unfinished,Common,Private Storage Locker
- Other: Circuit Breakers,Entrance Foyer,Laundry Facility,2 Story,Forced Air,Pets Allowed
- Water: Public (Municipal)
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 70X115
- Zoning: Multi-Family
- Roof: Asphalt
- Others: Fenced,Brick,Paved
- Sewer: Sewer (Sewer-Sanitary)
- Parking Features: On Street
Financial Details
- Tax Amount: $4,492
- Taxes w/Assessments: N/A
- Tax/Property ID: W22I020551C2
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
12769 Meyers Rd Detroit, MI 48227
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