$1,575,000
For Sale

2623 COCHRANE STREET

Detroit, MI 48216
1100 sqft | 10 baths | #20230101738
Browse 71 photos
Type:Multi-Family
Structure:House
Zone:Residential

Description

Fantastic Investment Opportunity in North Corktown! This newly constructed 6-unit apartment complex is ideally situated just minutes from Ford Central Station, top-notch dining, shopping, and the vibrant heart of downtown Detroit. These two separate 3-unit buildings are perfectly suited for lucrative short-term rental opportunities. Each unit is thoughtfully designed with contemporary finishes, ensuring tenant satisfaction and maximizing rental income. The proximity to Ford Central Station and downtown Detroit ensures a constant stream of potential tenants, whether they be business travelers, tourists, or city dwellers looking for convenience and style.North Corktown is a burgeoning neighborhood with a unique blend of historic charm and revitalization. This presents a remarkable opportunity for long-term appreciation in property value, making it a smart addition to any investment portfolio.

  • Interior Details
      • HeatingENERGY STAR® Qualified Furnace Equipment, Forced Air
    • Beds & Baths
      • Total Baths10.00
      • Bathrooms10
      • Full Baths10
  • Property Details
      • Square Feet1100
  • Construction Details
      • Property TypeInvestment
    • Condition
      • Year Built2023
  • Community and Neighborhood Details
      • ZoningMulti-Family
      • School DistrictDetroit
      • RegionDetroit
      • CountyWayne
  • Financial Details
      • Original List Price$1,575,000
  • Other
      • MLS #20230101738

Location

Workhorse Realty LLCReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
$
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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