13535 La Salle Boulevard

Detroit, Michigan 48238

  • 16 Bed(s)
  • 19 Bath(s)
  • 11,075 Sqft
  • 0.19
    Acre(Lot)
$999,990

Description

Rare opportunity on this value add multi family comprised of 19 units. full brick well maintained building in the heart of detroit. all units have been renovated. unit mix consists of (14) one bedroom units, (1) two bedroom units ,(4) studio units. strong financials with a projected 11% cap rate with all 19 units rehabbed. each hallway and common areas are updated. each unit has its own electric meter, plenty of crucial upgrades completed including new boiler, common area and unit renovations, and many other capital upgrades totaling 250,000. the exterior has been impeccably maintained with a newer spanish clay tile roof on the building, newer windows, and parking available for tenants. all tenants are in great standing with management, and management is offering a one or two year transition management agreement to the new investor. conveniently located near major highways making commuting to nearby landmarks such as wayne state university and downtown detroit. don't miss out on this amazing opportunity.

  • Property Type

    Multifamily

  • Subdivision

    Robert Oakmans Twelfth St (plats)

  • County

    Wayne

  • Style

    Cape Cod,Victorian,Traditional

  • AD ID

    47737970

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Property Details

  • Bathroom Information

    • Total Baths: 19
    • Full Baths: 19

    Room Information

    • Porches: Balcony

    Interior Features

    • Smoke Alarm,Carbon Monoxide Alarm(s),Laundry Facility,Other,High Spd Internet Avail,Programmable Thermostat
    • Roof : Rubber,Tile
    • Basement Description: Partially Finished,Walk-Up Access,Common Storage Locker,Common

    Heating & Cooling

    • Cooling: Wall Unit(s)
    • Heating: Radiant,Steam
    • Heating Fuel: Natural Gas

    Water Heater

    • Natural Gas

  • Building Information

    • Year Built: 1929
    • Building Stories: 3 Story
    • Total Units: 19
    • Roof: Rubber,Tile
    • Foundation/Basement: Basement
    • Architecture: Cape Cod,Victorian,Traditional

    Exterior Features

    • Lighting,Private Entry,Fenced
    • Construction: Brick

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary)

    Water

    • Public (Municipal)
    • Water Heat: Natural Gas

  • Lot Information

    • Lot Size: 0.19
    • Dimensions: 76.00 x 110.00

    Property Information

    • SQ ft: 11075
    • Subdivision: ROBERT OAKMANS TWELFTH ST (PLATS)
    • Financing: Cash,Conventional,Warranty Deed

  • Listing Price Information

    • Original List Price: $999,990

    Listing Information

    • Possession: At Close
    • Legal Description: W LA SALLE 915-916 ROBERT OAKMANS TWELFTH ST SUB L34 P90 PLATS, W C R 10/135 76 X 110

  • Tax Information

    • Annual Tax: $12,330
    • Parcel Number: W10I008797S

    Possession

    • At Close

    Legal Information

    • Legal Description: Section: W LA SALLE 915-916 ROBERT OAKMANS TWELFTH ST SUB L34 P90 PLATS, W C R 10/135 76 X 110

  • Parking Information

    • Parking: 25

    Multi-Unit Information

    • Presently Zoned: 1
    • Road Frontage: Paved

    Unit 1 Information

    • # of Bedrooms: 14

    Unit 2 Information

    • # of Bedrooms: 1

  • Utility Information

    • Water:Public (Municipal)
    • Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 12/21/2024 @ 21:34

  • MLS: 620717366
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 16 bedrooms which is for sale, it has 11,075 sqft, 0 sized lot, and Lighted,On Street parking. A comparable Multifamily, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Detroit , in zip code 48238, this Wayne County Multifamily , it is in the ROBERT OAKMANS TWELFTH ST (PLATS) Subdivision, and are nearby neighborhoods.