13205 La Salle Boulevard, Detroit, Michigan 48238

$1,250,000

Property Details

MLS#: 58050199311
Bedrooms: 16
Bathrooms: 19
Square Feet: 10,686
Price per Sqft: $117
Lot Size: 0.2 acres
Year Built: 1927
Property Type: ResidentialIncome
Status: Active
Days on Market: 5

Description

Beautiful 19-unit brick multifamily investment opportunity now available in the rapidly appreciating Dexter/Linwood area. This high-performing asset is currently 95% occupied, offering immediate cash flow with strong upside potential. The property consists of 16 one-bedroom, one-bath units and 3 studio units, providing a desirable and efficient unit mix in a high-demand rental corridor. This is a true value-add opportunity with the ability to strategically increase rents over time. Major capital improvements have already been completed, including a newer boiler, updated vinyl windows, newer electrical panel, and renovated common areas featuring new flooring, fresh paint, and modern lighting. The building is solid brick construction with a strong foundation and minimal deferred maintenance. Located in one of Detroit's most active and improving rental markets, this property offers both stability and appreciation potential. Ideal for investors seeking strong in-place income with clear room to force value and maximize returns. Serious inquiries only.

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 13205 La Salle Boulevard?

13205 La Salle Boulevard is listed at $1,250,000, or $117 per square foot.

How many bedrooms does 13205 La Salle Boulevard have?

This property has 16 bedrooms and 19 bathrooms, with 10,686 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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