734-812-8284
8525 Maxwell St, Detroit, MI for Sale
Apartments - FOR SALE
1/9
null | Request Cap Rate

8525 Maxwell St
Detroit, MI 48213


HIGHLIGHTS

  • 12 of 14 units have been renovated (cabinets, flooring, toilets, tubs, vanities, electrical fixtures, master keyed doors)
  • Updated baths & kitchens (Tenants provide appliances)
  • New windows, gutters, roof (5-6 years old)
  • Includes adjacent lot for additional parking
  • Tenants pay all utilities
  • Ability to increase rents to market

OVERVIEW

View Listing Page at https://grea.com/properties/maxwell-apartments/ Property Features & Highlights -12 of 14 Units Have Been Renovated -Updated Baths & Kitchens (Tenants Provide Appliances) -New Windows, Gutters, Roof (5-6 Years Old) -Includes Adjacent Lot - Additional Parking Possible Unit Updates & Amenities -New Cabinets & Flooring -New Toilets, Tubs, Vanities -New Electrical Fixtures -New Master Keyed Unit Doors -Laundry Hookups in Basement Recent Capital Expenditures -New Windows & Gutters -Roof is 5-6 Years Old -New Electrical Panels, Service, & Wire -New Gas Lines & Plumbing to Street -New Exterior Doors & LED Lighting -2 Basement Units Require Cabinets & Flooring to be Rentable -Includes Adjacent Lot Which Can be Used for Parking

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

14

CAP RATE

Request Cap Rate

% LEASED

93%

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

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

R2

APN/PARCEL ID

17-008486

ASK ABOUT THIS PROPERTY

Nick KirbyGREAMore Info
734-812-8284

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

Nick KirbyGREAMore Info
734-812-8284

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