This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
3931 McGraw St
Detroit, MI 48208
McGraw/Boulevard Lawn Apartments · Multifamily Property For Sale
·
27 Units
Property Facts
| No. Units | 27 | Lot Size | 0.38 AC |
| Property Type | Multifamily | Building Size | 26,332 SF |
| Property Subtype | Apartment | Average Occupancy | 0% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built | 1920 |
| Zoning | R5 - General Business District | ||
| No. Units | 27 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.38 AC |
| Building Size | 26,332 SF |
| Average Occupancy | 0% |
| No. Stories | 3 |
| Year Built | 1920 |
| Zoning | R5 - General Business District |
About 3931 MCGRAW ST , DETROIT, MI 48208
Opportunities like this one rarely pop up. This multifamily is perfect for any investor looking for their next value add investment to add to their portfolio. The property is in need of a full rehab. With renovated, occupied, cash flowing multi-family properties in the area going between 40k-90k/door the value of this property is HUGE! With area rents for a 1 Bedroom going for 875/month, 2 Bedrooms, 975/month and 3 Bedrooms at 1,075/month the monthly CASH FLOW of 26,925 will bring an amazing ROI to any investor's portfolio.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | $775.00 | 600 |
| 2+1 | 9 | $912.50 | 700 |
| 3+2 | 12 | $1,100 | 900 |
Property Taxes
| Parcel Number | 14-008027-001 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $521,700 |
Property Taxes
