3737 Scovel Pl - Apartments FOR SALE


Detroit, MI 48208- Tireman
$900,000 USD
248-251-9894
3737 Scovel Pl, Detroit, MI for Sale
$900,000 USD
Apartments - FOR SALE
1/22
null | Request Cap Rate

3737 Scovel Pl
Detroit, MI 48208
Tireman


OVERVIEW

The building comes with ample parking in an attached concrete lot directly next to the building. The entire building has been rental certified and has passed lead inspection by the city of Detroit. There are 10 one bedroom units and 10 studio units. The majority of all units have newer flooring, paint, and lighting. All unit doors are steel doors with keyless/digital entry as well as deadbolt locks. All units have their own electric meter along with heating and cooling units. Each unit is separately metered. All tenants pay their own electric bills. All one bedroom units have new furnaces and AC units. Each studio unit has new mini-split systems that have heat and AC. The majority of the plumbing stacks have been replaced. The front door has new hinges and locking mechanism, the back door is an all new steel door. The roof was aluminum seal coated in 2016. The hot water tank was replaced for the entire building in 2016. The entire Building has newer windows. All common areas have new LED light fixtures. A new camera system has been installed throughout the entire building and outside.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$97 USD /SF

# OF UNITS

20

PRICE/UNIT

$45,000

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

1927

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

R2

APN/PARCEL ID

12-009873

ASK ABOUT THIS PROPERTY

Ryan HewardGolden Key Real EstateMore Info
248-251-9894

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Ryan HewardGolden Key Real EstateMore Info
248-251-9894

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