Grand Blvd remarks
Opportunities like this fully rented quadplex are few and far between! Now is your opportunity to own a cash flowing asset in the quickly appreciating area of Southwest Detroit in the highly desired Hubbard Farms Neighborhood. Tenants will love that they will be in walking distance to the heart of Mexicantown where they can find many shops restaurants and grocery stores. Mexicantown has caught the eye of tourists and is becoming a popular destination for those looking to experience a cultural fusion just outside of downtown Detroit, a 5 minute drive from this quadplex. Besides the outstanding location, it is rare to find a home with 4 units that each have two bedrooms, a full bathroom, and kitchen. The property also features a full basement, a shed for storage, and a fenced yard with opportunity to fit many cars for safe parking. Windows, furnaces, and hot water tanks are newer! Money is being pumped into this area with the construction of Gordie Howe International bridge that will take transportation and tourism to new heights and create boundless opportunity. While each unit has great cash flow now, the future for rent has exponential growth potential.
Property Type :
Multifamily
County :
Wayne
Style :
Multifamily
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ByOwner last updated this listing 05/09/2024 @ 06:47
MLS: 590174065
LISTED BY: Sotero M Lopez II , EXP Realty LLC
SOURCE: Realcomp II Ltd
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
