$829,000
Active
20 Days Online
0 Beds0 Baths12,964 SQFT
Active

5807 Toledo Street Detroit, MI 48209

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Welcome to your next investment opportunity in the heart of Southwest Detroit! This 10-unit building is a beacon of potential, boasting numerous features that make it a lucrative addition to your portfolio.The upgraded units in this building command top dollar, with rents reaching up to $1, 200 per month. This means a potential annual income of around $140, 000 when all units are fully upgraded.Southwest Detroit is experiencing rapid appreciation, making this property an even more attractive investment. The neighboring $4.4BN Gordie Howe Bridge development is scheduled to complete next year. Its surrounding areas have seen significant development, making it an exciting time to invest in this community.Each unit in this building is individually metered, ensuring that tenants are responsible

  • Property TypeMulti-Family
  • NeighborhoodDetroit
  • CountyWayne
  • Taxes$16,602
  • HOA/Condo/Coop Fees$0
  • Days on Site19 Days
  • MLS StatusActive
  • MLS ID Number70384786
  • Home Size Source N/A
  • Year Built1923
  • Lot Size0.17 Acres
  • Full BathsN/A
  • Partial BathsN/A

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Schools

School District
Detroit City School District
Elementary School
Unknown Elementary School
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High School
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Monthly Payment (Est.)

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