5807 Toledo Street Detroit, MI 48209
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
Sell your house quickly!
Get multiple potential cash offers for your home. Fast and hassle-free!
Learn MoreRecent Activity For 5807 Toledo Street Detroit, MI 48209
4 days ago | |
3 weeks ago |
Don't miss a thing!
Get updates on new activity for this listing