1124 McKinstry St - Apartments FOR SALE


Detroit, MI 48209- Mexicantown
$290,000 USD
248-227-0182
1124 McKinstry St, Detroit, MI for Sale
$290,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

1124 McKinstry St
Detroit, MI 48209
Mexicantown


OVERVIEW

A historic building built in 1890 as a storefront with a second floor apartment, 1124 McKinstry was later converted to 2 residential units and could be used as live/work space with a storefront or office on the ground floor. The first floor currently offers a partially renovated 2-bedroom, 1-bathroom apartment providing an opportunity for further improvements to enhance value and rental potential. The second floor is a newly renovated 3-bedroom, 1-bathroom with an in unit washer and dryer. Both units have separately metered utilities and a new roof was installed in 2023. The property is situated near Clark Park, Hubbard Farms, and Corktown in Detroit. **TOURS WILL BE HELD TUESDAY APRIL 15TH 12-1PM**

FOR SALE DETAILS

PRICE

$290,000 USD

PRICE/SF

$107 USD /SF

# OF UNITS

2

PRICE/UNIT

$145,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1890

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

R2

APN/PARCEL ID

14-010278

ASK ABOUT THIS PROPERTY

Sloane WalshO'Connor Real EstateMore Info
248-227-0182

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Sloane WalshO'Connor Real EstateMore Info
248-227-0182

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