5807, Toledo, Detroit, MI, 48209
Basics
- Date added: Added 2 days ago
- Category: Residential Lease
- Type: Apartment
- Status: Active
- Bedrooms: 2
- Bathrooms: 1
- Area: 12964 sq ft
- Lot size: 0.17 sq ft
- Bathrooms Full: 1
- Lot Size Acres: 0.17 acres
- Rooms Total: 0
- County: Wayne
- Bathrooms Half: 0
- MLS ID: 24054519
Description
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Description:
Welcome to your next investment opportunity in the heart of Southwest Detroit! This 10-unit building is a beacon of potential, boasting numerous features that make it a lucrative addition to your portfolio.The upgraded units in this building command top dollar, with rents reaching up to $1,200 per month. This means a potential annual income of around $140,000 when all units are fully upgraded.Southwest Detroit is experiencing rapid appreciation, making this property an even more attractive investment. The neighboring $4.4BN Gordie Howe Bridge development is scheduled to complete next year. Its surrounding areas have seen significant development, making it an exciting time to invest in this community.
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Location
- Directions: Toledo Street and Campbell Street
Building Details
- Architectural Style: Other
- Heating: Forced Air
Amenities & Features
- Fireplaces Total: 0
Fees & Taxes
- Tax Year: 2024
School Information
- High School District: Detroit
Miscellaneous
- CrossStreet: Campbell St
Ask an Agent About This Home
This Apartment style property is located in is currently Residential Lease and has been listed on Tucker Benner Realty - Our Michigan Home. This property is listed at $1,195. It has 2 beds bedrooms, 1 bath bathrooms, and is 12964 sq ft. The property was built in year.
