156 N Worth St 3 Unit Apartment Building Offered at $875,000 at a 6.14% Cap Rate Birmingham, MI 48009

INVESTOR'S DREAM IN HIGHLY ACCLAIMED BIRMINGHAM! Zoned Multi-Res and can be turned into a single-family residence. An Exceptional investment opportunity in one of Metro Detroit's most coveted and highly acclaimed communities. This well-positioned three-unit multi-residential property offers an ideal combination of location, walk to downtown Birmingham, versatility, and income-producing property in the heart of Poppleton Park in Birmingham! Many updates have been done but there is room for further renovations and increased rent potential. Features include updated 3 separate car garages for each unit, freshly landscaped backyard, new balcony and patio areas, new carpet, stainless steel appliances, granite counter tops and a new full bath on the lower-level walk-out.
Situated in sought-after Birmingham, this property places residents within close proximity to the area's renowned dining, shopping, entertainment, parks and vibrant downtown lifestyle. One of the strongest rental markets in the region. Whether you're an experience investor looking to expand your portfolio or seeking an opportunity to establish a foothold in Birmingham highly desirable real estate market, this property presents an outstanding opportunity to acquire a versatile, income-producing asset in an exceptional location.
The property features three thoughtfully designed residences including two one-bedroom units with beautiful views off new balconies plus one two-bedroom unit with a lower-level walk out, fireplace and island in the kitchen with a second kitchen in the lower level. This creates an attractive mix for a diverse tenant profile. Each unit offers its own distinct living space, providing flexibility for both investors and future ownership strategies. Prime Location. Multiple Units. Strong investment appeal. Birmingham Opportunity. A truely addition to any real estate portfolio.