Description
A turnkey investment opportunity in Detroit awaits you! *This tenant-occupied 7-property 12-unit portfolio offers a 14.30% cap rate on current rents, with upside from rent increases due on many units. Properties included: 14570 Lappin, 14988 Lappin, 14258 Lappin, 14534 Lappin, 14845 Maddelein, 14465 Maddelein, and 15030 Rossini. *** Tenant-occupied homes please do not approach the properties or disturb tenants. Viewing/inspection upon signed LOI.
Location
Similar Listings
$434,000
3 Beds
3 Baths
1,350 Sq ft
MLS# 65023143447
ACTIVE
$419,900
3 Beds
3 Baths
1,350 Sq ft
MLS# 65023143001
ACTIVE
$575,000
2 Beds
3 Baths
1,350 Sq ft
MLS# 78080009527
Accepting Backup Offers
$529,900
2 Beds
3 Baths
1,350 Sq ft
MLS# 20230050453
ACTIVE
No similar listings found
Unfortunately, we don't have any similar listings at the moment. Please remove or change some of the selected filters.
IDX provided courtesy of Realcomp II Ltd. via site owner and the originating MLS listed above, ©2022 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Updated: 11th December, 2023 1:16 PM (UTC)
Listing Agent: Kevin Devergilio
Listing Office: REALTEAM Real Estate
