6
See all 6 photos
$500,000
Est. payment /mo
16 Baths
10,222 SqFt
New
10400 Whittier Street Detroit, MI 48224
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 10,222 sqft
Price per Sqft $48
Subdivision Mi
MLS Listing ID 60994979
Style 2 Story
Full Baths 16
Year Built 1958
Annual Tax Amount $19,992
Lot Size 9,147 Sqft
Acres 0.21
Lot Dimensions 103X90
Property Sub-Type Multi-Family
Property Description
Value-add multifamily investment opportunity located at 10400 Whittier in Detroit. This 16-unit apartment building features a desirable unit mix of 14 one-bedroom units and 2 two-bedroom units. Currently approximately 40% occupied, the property offers significant upside through renovations, lease-up, improved operations, and rent stabilization. Ideal opportunity for an investor looking to add value and increase cash flow in Detroit's multifamily market. Property needs rehab and is being sold as-is. Buyer to verify all information, including unit count, occupancy, rents, expenses, and city requirements.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Multi-Family
Interior
Heating Baseboard, Electric Heat
Fireplace No
Exterior
Exterior Feature Brick
Building
Story 2 Story
Foundation Slab
Water Public Water
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Energy Description Electric
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by EXP Realty Main