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Street View
$499,999
-- Bed
- 8 Baths
8 full baths
3,370sqft
11744 Cascade St, Detroit, MI 48204
$499,999
Get Pre-Approved
Multi Family
Built in 1930
$-- HOA
0.07 acre lot
$148/sq.ft
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
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1930
HOA Fees
-
Finished Area
3,370 sqft
Lot Size
0.07 acre lot
Basement Area
- sqft
MLS Name
Realcomp MLS
MLS Number
20261044105
MLS Status
Active
Days on Market
48
Cumulative Days on Market
2
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