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Investment Highlights

  • Eight (8) unit townhome style apartment building
  • Major capital improvement in past (3) years
  • Certificate of compliance available
  • All two bedroom units with private entry
  • Contact Broker for financials
  • Seller financing available

Executive Summary

Eight (8) unit townhome style apartment building for sale in Detroit, MI.

Property Facts Under Contract

Price $579,000
Price Per Unit $72,375
Sale Type Investment
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class C
Lot Size 0.35 AC
Building Size 6,872 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1952/2018
Zoning R3 - Residential- Mulit family

Amenities

Unit Amenities

  • Washer/Dryer Hookup
  • Heating
  • Kitchen
  • Hardwood Floors
  • Basement
  • Dining Room

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 8 - 800
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
16-0238618
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$171,400
  • Listing ID: 34630725

  • Date on Market: 1/28/2025

  • Last Updated:

  • Address: 3447-3471 Ewald Cir, Detroit, MI 48204

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