6330 Midland Street

Detroit, Michigan 48238

  • 35 Bed(s)
  • 22 Bath(s)
  • 12,879 Sqft
  • 0.17
    Acre(Lot)
$1,450,000

Description

Well maintained multi family asset in university district, only 10 minutes from downtown detroit! all units are subsidized under section 8 program with an average rental rate of $1,161. gross rent collection in 2024 of $195k+ with 2024 noi $110k+. all major capex completed (roof, windows, boiler, hot water tank, electrical, and plumbing). currently two down units which provides the new buyer the
opportunity to add additional revenue along with adding laundry.

  • Property Type

    Multifamily

  • Subdivision

    Aston & Gittins Sub (plats)

  • County

    Wayne

  • Style

    Common Entry Building

  • AD ID

    48395367

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Property Details

  • Bathroom Information

    • Total Baths: 22
    • Full Baths: 22

    Interior Features

    • Basement Description: Unfinished,Common

    Heating & Cooling

    • Heating: Radiant
    • Heating Fuel: Natural Gas

    Water Heater

    • Natural Gas

  • Building Information

    • Year Built: 1927
    • Building Stories: 3 Story
    • Total Units: 22
    • Foundation/Basement: Basement
    • Architecture: Common Entry Building

    Exterior Features

    • Construction: Brick

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary)

    Water

    • Public (Municipal)
    • Water Heat: Natural Gas

  • Lot Information

    • Lot Size: 0.17
    • Dimensions: 60.00 x 126.00

    Property Information

    • SQ ft: 12879
    • Subdivision: ASTON & GITTINS SUB (PLATS)
    • Financing: Cash,Conventional

  • Listing Price Information

    • Original List Price: $1,450,000

    Listing Information

    • Possession: At Close
    • Legal Description: S GLOBE 9&10 ASTON & GITTINS SUB L31 P80 PLATS, W C R 16/310 60 X 126

  • Tax Information

    • Annual Tax: $6,104
    • Parcel Number: W16I007298S

    Possession

    • At Close

    Legal Information

    • Legal Description: Section: S GLOBE 9&10 ASTON & GITTINS SUB L31 P80 PLATS, W C R 16/310 60 X 126

  • Multi-Unit Information

    • Road Frontage: Paved

    Unit 1 Information

    • # of Bedrooms: 7

    Unit 2 Information

    • # of Bedrooms: 14

  • Utility Information

    • Water:Public (Municipal)
    • Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 01/30/2025 @ 12:43

  • MLS: 622504575
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 35 bedrooms which is for sale, it has 12,879 sqft, 0 sized lot, and 0 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 ASTON & GITTINS SUB (PLATS) Subdivision, and are nearby neighborhoods.