Calling all investors! 13-unit brick apartment building featuring all one-bedroom, one-bath units. 10 of the 13 units have been fully remodeled, with updated windows throughout the property. The seller has also invested thousands into maintaining the boiler system, keeping it in excellent condition. Low operating expenses with tenants paying DTE, water, and trash. The property is 100% approved for the PILOT program and will kick in next year. Strong rental demand, great market rents, and a convenient location make this an excellent cash-flow opportunity. A solid, updated multifamily property with plenty to offer both new and seasoned investors.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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