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5940 Appoline St
Dearborn, MI 48126
Multi-Unit Apartment Building · Multifamily Property For Sale
·
4 Units
Property Facts
| No. Units | 4 | Building Size | 3,720 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Building Class | C | Year Built | 1927 |
| Lot Size | 0.11 AC | Parking Ratio | 1.08/1,000 SF |
| Zoning | U | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 3,720 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1927 |
| Parking Ratio | 1.08/1,000 SF |
| Zoning | U |
About 5940 APPOLINE ST , DEARBORN, MI 48126
Great opportunity to invest into a 3100 sqft, multi-family, 2 stories with 4 units. Each unit is rented out making a strong profit. All units are the same size and they include a large 1 bedroom, an open kitchen, a large living room, and a full bath. The full INVESTMENT brings in $28,000/ per year at around an 8% cap. And the rent could be increased. Seller is motivated and will consider all offers including land contract deals. Hurry and take advantage of this income property in East Dearborn in a great area. It won't last long. This 4 unit apartment building also includes a large basement. In addition, each unit is updated up to city code and behind the building are 4 spacious parking lots for the tenants.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $650.00 | - |
Property Taxes
| Parcel Number | 32-10-083-21-004 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $176,600 |
Property Taxes
