1705 Oakman Boulevard, Detroit, Michigan 48238

$799,900

Property Details

MLS#: 58050212081
Bedrooms: 13
Bathrooms: 13
Square Feet: 8,748
Price per Sqft: $91
Lot Size: 0.14 acres
Year Built: 1927
Property Type: ResidentialIncome
Status: Active

Description

Calling all investors! 13-unit brick apartment building featuring all one-bedroom, one-bath units. 10 of the 13 units have been fully remodeled, with updated windows throughout the property. The seller has also invested thousands into maintaining the boiler system, keeping it in excellent condition. Low operating expenses with tenants paying DTE, water, and trash. The property is 100% approved for the PILOT program and will kick in next year. Strong rental demand, great market rents, and a convenient location make this an excellent cash-flow opportunity. A solid, updated multifamily property with plenty to offer both new and seasoned investors.

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 1705 Oakman Boulevard?

1705 Oakman Boulevard is listed at $799,900, or $91 per square foot.

How many bedrooms does 1705 Oakman Boulevard have?

This property has 13 bedrooms and 13 bathrooms, with 8,748 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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