Do Real Estate on the Go!
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Do Real Estate on the Go!
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Street View
$425,000
-- Bed
- 4 Baths
4 full baths
3,900sqft
508 Kenilworth, Detroit, MI 48202
$425,000
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Multi Family
Built in 1911
$-- HOA
14,400 sqft lot
$109/sq.ft
Description
Fantastic Investment Opportunity in Detroit's Fastest-Growing Zip Code! PLEASE DO NOT DISTURB THE TENANTS! Welcome to 508 Kenilworth Street, a fully occupied fourplex located in the heart of Detroit's North End - the city's most exciting and rapidly developing neighborhood, part of the highly sought-after 48202 zip code. Each of the four units features 2 bedrooms and 1 full bath, all currently leased month-to-month. The cap rate for the market rent and area is 12% ROI. This well-maintained property offers both immediate cash flow and long-term appreciation potential in one of Detroit's premier redevelopment corridors. The North End is quickly becoming one of Detroit's mos...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1911
HOA Fees
-
Finished Area
3,900 sqft
Lot Size
14,400 sqft lot
Basement Area
- sqft
MLS Name
MiRealSource MLS
MLS Number
60951062
MLS Status
Active
Days on Market
45
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