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About the Listing 43149710 - 400563,446258
Strong multifamily investment opportunity! This 16-unit apartment building offers immediate income with 12 units currently occupied, providing solid cash flow from day one. The remaining vacant units present clear upside for increased revenue through lease-up, rent optimization, and value-add improvements over time. Well-positioned on Lahser Road, the property offers convenient access to major freeways, public transportation, shopping, schools, and everyday amenities—helping support consistent tenant demand. This location makes it attractive for both long-term renters and investors focused on stable occupancy. Ideal for both seasoned and first-time multifamily investors, this asset provides multiple strategies to increase value, whether through improving operations, raising occupancy, or repositioning the property within the market. With strong in-place income and additional upside potential, this is a great opportunity to expand or strengthen your investment portfolio.
Listing Highlights
Interior Details
- Bedrooms: 28
- Bathrooms: 16 Full
- Appliances:
- Air Cond:
- Heating: Forced Air,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 15106
- Below Ground Sq Ft: 1500
- Basement: Unfinished,Private Storage Locker
- Other: 2 Story,Forced Air,Pets Allowed
- Water: Public (Municipal)
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 122x135
- Zoning: Residential
- Roof:
- Others: Brick,Paved
- Sewer: Sewer (Sewer-Sanitary)
Financial Details
- Tax Amount: $41,576
- Taxes w/Assessments: N/A
- Tax/Property ID: W22I113657S
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
19131 Lahser Rd Detroit, MI 48219
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