12927 Plymouth Road, Detroit, Michigan 48227
$499,000
Property Details
- MLS#: 20261014273
- Bedrooms: N/A
- Bathrooms: 10
- Square Feet: 4,467
- Price per Sqft: $112
- Lot Size: N/A
- Year Built: 1955
- Property Type: ResidentialIncome
- Transaction: For Sale
- Listing Status: Active
- Days on Market: 198
Tax and Assessment Information
Assessment evidence unavailable.
Description
INVESTORS: Cash-flow from day one with this high-performing 10-unit apartment building at 12927 Plymouth Rd, priced to move at $550,000! Currently fully leased and generating $6,000/month in actual rent, this asset delivers an impressive 8%+ Cap Rate with additional room to grow. This rare deal also includes two adjacent vacant parking lots,12913 Plymouth Rd and 12901 Plymouth Rd ( Fenced parking lot ), offering massive value for tenant parking or future development . The property features a low-maintenance brick exterior and gated courtyard, making it a perfect addition to any portfolio. Tenants pay their own electric bills, including for the electric baseboard heat. Please do not disturb tenants. Buyer and buyer’s agent to verify all information; room measurements are approximate. Property is being sold AS-IS. No virtual showings. All buyers must be accompanied by a licensed real estate agent. A signed NDA and POF/Pre-Approval Letter are required to receive the full Rent Roll.
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 12927 Plymouth Road?
12927 Plymouth Road is listed at $499,000, or $112 per square foot.
How many bedrooms does 12927 Plymouth Road have?
This property has N/A bedrooms and 10 bathrooms, with 4,467 square feet of living space.
Ask about this property
This record includes a property-access restriction. Contact Sonic Realty to ask a question or verify the current listing status; do not rely on this page as an invitation to enter.
Phone: (313) 484-4696
Email: [email protected]
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