5-Unit SFR Portfolio 5 Multifamily Properties Offered at $610,000 in Detroit, MI
EXECUTIVE SUMMARY
6-unit portfolio of SFR homes on Detroit’s west side. All homes have been updated with paying tenants in-place, rents $1,200-1,400/mo. See flyer for details.
PROPERTY FACTS
| Price | $610,000 |
| Price / SF | $101.67 / SF |
| Cap Rate | 9.46% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Building Size | 6,000 SF |
| Total Land Area | 0.53 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 12631 Asbury Park, Detroit, MI 48227 | Multifamily | 1,054 SF | 1945 | - |
| 16240 Saint Marys St, Detroit, MI 48235 | Multifamily | 1,041 SF | 1941 | - |
| 16246 Saint Marys St, Detroit, MI 48235 | Multifamily | 1,721 SF | 1941 | - |
| 16605 Freeland St, Detroit, MI 48235 | Multifamily | 1,080 SF | 1939 | - |
| 18254 Mansfield St, Detroit, MI 48235 | Multifamily | 1,103 SF | 1944 | - |
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