5807, Toledo, Detroit, MI, 48209
Basics
- Date added: Added 1 month 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
-
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.
Show all description
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.
