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8525 Maxwell St
Detroit, MI 48213
Multifamily Property For Sale
·
14 Units
Investment Highlights
- 12 of 14 units have been renovated (cabinets, flooring, toilets, tubs, vanities, electrical fixtures, master keyed doors)
- New windows, gutters, roof (5-6 years old)
- Tenants pay all utilities
- Updated baths & kitchens (Tenants provide appliances)
- Includes adjacent lot for additional parking
- Ability to increase rents to market
Property Facts
| No. Units | 14 | Lot Size | 0.27 AC |
| Property Type | Multifamily | Building Size | 8,037 SF |
| Property Subtype | Apartment | Average Occupancy | 50% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | B | Year Built | 1927 |
| Zoning | R2 - Residential | ||
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.27 AC |
| Building Size | 8,037 SF |
| Average Occupancy | 50% |
| No. Stories | 3 |
| Year Built | 1927 |
| Zoning | R2 - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Basement
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 14 | $875.00 | 600 |
Property Taxes
| Parcel Number | 17-008486 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $187,100 |
Property Taxes
Parcel Number
17-008486
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$187,100
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