11744 Cascade Street, Detroit, MI 48204
11744 Cascade Street, Detroit, MI 48204
11744 Cascade Street, Detroit, MI 48204
11744 Cascade Street, Detroit, MI 48204
11744 Cascade Street, Detroit, MI 48204
11744 Cascade Street, Detroit, MI 48204
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Shawn Murphy, GRI, SRES

Shawn Murphy, GRI, SRES

+1(888) 983-2544
$ 499,999
Est. payment | /mo

8 Baths

3,370 SqFt

Save
$ 499,999
Est. payment | /mo
Save

8 Baths

3,370 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,370 sqft

Price per Sqft $148

Subdivision Mi

MLS Listing ID 61001829

Full Baths 8

Year Built 1930

Annual Tax Amount $13,986

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 51X60

Property Sub-Type Multi-Family

Property Description

Eight 1-bedroom units ideally positioned near Wayne State University, Detroit Medical Center, and Midtown, prime territory for student and workforce housing demand.. Potentially Projected gross income of $76,800/year at market rents.. Brick construction, forced air heat, public water/sewer. Minutes from Downtown Detroit, major freeways, restaurants, and local amenities. Cash or conventional financing only. Do not disturb tenants., At $800/month per unit, projected gross income of $76,800/year with a potential cap rate exceeding 9% at list price

Location

State MI

County Wayne

Area Detroit (82001)

Zoning Multi-Family

Rooms

Basement Common

Interior

Heating Forced Air

Fireplace No

Exterior

Exterior Feature Brick

Building

Foundation Basement

Water Public Water

Structure Type Brick

Schools

School District Detroit City School District

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by RE/MAX Leading Edge
Nearby Locations
Shawn Murphy, GRI, SRES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(888) 983-2544

srmurphy@ferndalerealty.com

6230 Highway 65 NE, Minneapolis, MN, 55432, USA

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11744 Cascade Street