1055 Philip St - Apartments FOR SALE


Detroit, MI 48215- Far East Side
$925,000 USD
248-882-5584
1055 Philip St, Detroit, MI for Sale
$925,000 USD
Apartments - FOR SALE
1/31
null | Request Cap Rate

1055 Philip St
Detroit, MI 48215
Far East Side


OVERVIEW

Discover an exceptional investment opportunity with this 20-unit multifamily property located just off Jefferson Avenue in Detroit. With 9 units currently leased, this property offers immediate income potential and room for growth. Well-positioned near major roadways and public transit for commuter convenience. This property is perfect for investors seeking steady income and long-term appreciation in a desirable Detroit location. Don’t miss this opportunity to expand your portfolio!

FOR SALE DETAILS

PRICE

$925,000 USD

PRICE/SF

$77 USD /SF

# OF UNITS

20

PRICE/UNIT

$46,250

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1928

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

R2

APN/PARCEL ID

21-060751

ASK ABOUT THIS PROPERTY

Tiroca BattleRealteam Holdings LlcMore Info
248-882-5584

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Tiroca BattleRealteam Holdings LlcMore Info
248-882-5584

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.