$1,400,000
Closed

15321 E 9 Mile Road

Eastpointe, MI 48021
19392 sqft | 24 baths | 0.73 acres | #20240031219
Structure:Unit
Zone:Residential

Description

Situated on Nine Mile Road in Eastpointe, this apartment building presents a prime opportunity as a value-add property with significant potential. Comprising 24 units, including four two-bedroom units and twenty one-bedroom units, each unit features separated utilities. Water is either included in rent or charged back to tenants on a monthly basis. The building offers shared common areas in the basement, providing additional storage space. Tenants benefit from ample parking, and the property's proximity to major freeways ensures an easy commute. This property is ideal for investors seeking to add value and stabilize rents, capitalizing on its strategic location and promising market dynamics.

  • Property Details
      • Days on Market (Cumulative)75

Location

Workhorse Realty LLCReal Estate Group