18640 Morang Dr - Apartments CONDO FOR SALE


Detroit, MI 48205- Burbank
$35,000 USD
586-863-3300
18640 Morang Dr, Detroit, MI for Sale
$35,000 USD
Apartments CONDO - FOR SALE
1/12
null | Request Cap Rate

18640 Morang Dr
Detroit, MI 48205
Burbank


OVERVIEW

This cash-flowing 3-bedroom, 1-bath home is the perfect addition to any investor’s portfolio. Situated in a rapidly developing area of Detroit’s east side, this property comes with a reliable, long-term tenant who pays on time $800 every month—offering immediate income from day one! Features include a 1-car garage, a solid structure, and proximity to new developments, ensuring long-term appreciation potential. With strong rental demand in this neighborhood, this is a hassle-free, income-generating asset that won’t last long. NO LAND CONTRACTS OR SELLING FINANCING. WE EXPECT MULTIPLE OFFERS IT IS PRICED TO SELL Seize this opportunity to own a performing rental in one of Detroit’s emerging markets!

FOR SALE DETAILS

PRICE

$35,000 USD

PRICE/SF

$875 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

960 SF

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1939

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

R2

APN/PARCEL ID

21-076668

ASK ABOUT THIS PROPERTY

Sotero Lopez IIeXp RealtyMore Info
586-863-3300

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Sotero Lopez IIeXp RealtyMore Info
586-863-3300

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