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$550,000
-- Bed
14 Baths14 full baths
8,036sqft
8525 Maxwell St, Detroit, MI 48213 2150
$550,000
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Multi Family
Built in 1927
$-- HOA
11,761.2 sqft lot
$68/sq.ft
Description
Opportunity awaits with this solid brick 14-unit multifamily building located on Detroit's east side. The property was recently foreclosed on by a hard money lender and is being sold as-is. 14 units, two story brick, currently tenant-occupied (lease/rent roll status unknown). Buyer should expect potential evictions or tenant turnover after purchase. Strong rental demand in the area with upside for stabilized cash flow after repositioning. Close to major freeways, local schools, and neighborhood redevelopment activity. This is a value-add investment opportunity for an experienced investor or property manager who can stabilize the building and maximize its long-term potenti...
Continue Reading- Houzeo last checked: 34 Minutes ago
- Listing updated: August 20, 2025 at 2:10 am
- Listing Provided by: J'Donovan Smith (313) 595-4331 DRE #6501406934 | Golden Key Realty Group LLC (248) 422-6962
- Source: MiRealSource MLS-MI | MLS#: 60929348
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1927
HOA Fees
-
Finished Area
8,036 sqft
Lot Size
11,761.2 sqft lot
Basement Area
- sqft
MLS Name
MiRealSource MLS
MLS Number
60929348
MLS Status
Active
Days on Market
119
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
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