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Listing Courtesy Of:
EXP Realty Main, (888) 501-7085, Fadi Dabaja
Local Realty Services Provided By:
KW Metro
Overview
What It'll Cost
Neighborhood
13535 LA SALLE Boulevard, Detroit, MI 48238
14 Beds
19 Baths
13535 LA SALLE Boulevard, Detroit, MI 48238
Estimation provided by Keller Williams Realty Inc.
14 Beds
19 Baths
Active
For Sale
Property 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 Details
Compare This Home
Overview
Property Type
Multifamily
Property Size
Year Built
1929
Days on Site
131 Days
HVAC
Radiant, Steam, Wall Unit(s)
Parking
25 Parking Spaces
Activity History
VIEWS
SAVES
SHARES
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
(Local time)
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.
Estimated Monthly Payment
Purchase Price:
$995,000
Principal + Interest
Property Tax
Home Insurance
HOA/Condo Fee
Mortgage Insurance
Monthly Payment
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Price & Tax History
Date
Event
Price
01/24/2025
Price Decrease
(-0.5% )
11/20/2024
Listed
(+99,899% )
01/15/2020
Sold
(-99.47% )
04/17/2018
Sold
(+18,904% )
11/21/2014
Sold
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2020
(+586.47% )
No Breakdown Available
2019
No Breakdown Available
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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Transit & Commute
Estimated commute times from Hope Village
Car-Dependent
Walkable
Very Walkable