12769 Meyers Road, Detroit, Michigan 48227

$275,000

Property Details

MLS#: 20261055120
Bedrooms: N/A
Bathrooms: 4
Square Feet: 3,658
Price per Sqft: $75
Lot Size: 0.19 acres
Year Built: 1925
Property Type: ResidentialIncome
Status: Active
Days on Market: 4

Description

Turnkey 4-unit investment opportunity in Detroit, 3 of 4 units currently occupied. All four units are identical 2-bedroom/1-bath layouts — two leased at $1,000/month, one at $950/month, and the fourth in the process of being leased at $1,000/month and set to be occupied prior to closing, bringing total gross rent to $3,950/month ($47,400/year). All tenants pay cash and have a consistent on-time payment history, with low turnover across the building. Major capital items have been addressed, including a newer furnace, roof, windows, and hot water tank, and the vacant unit has been freshly painted with new carpet and is move-in ready. A private, fenced backyard and separate utilities per unit round out this stabilized, cash-flowing addition to any rental portfolio.

Location

This property is located in Detroit, Michigan. Detroit is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 12769 Meyers Road?

12769 Meyers Road is listed at $275,000, or $75 per square foot.

How many bedrooms does 12769 Meyers Road have?

This property has N/A bedrooms and 4 bathrooms, with 3,658 square feet of living space.

Schedule a Showing

Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.

Phone: (313) 466-2430

Email: info@sonicrealty.com

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