8525 Maxwell Street, Detroit, Michigan 48213

$550,000

Property Details

MLS#: 20251028912
Bedrooms: N/A
Bathrooms: 14
Square Feet: 8,036
Price per Sqft: $68
Lot Size: 0.27 acres
Year Built: 1927
Property Type: ResidentialIncome
Status: Active
Days on Market: 179

Description

Opportunity awaits with this solid brick 14-unit multifamily building located on Detroit’s east side. The property was recently foreclosed on by a hard money lender and is being sold as-is. 14 units, two story brick, currently tenant-occupied (lease/rent roll status unknown). Buyer should expect potential evictions or tenant turnover after purchase. Strong rental demand in the area with upside for stabilized cash flow after repositioning. Close to major freeways, local schools, and neighborhood redevelopment activity. This is a value-add investment opportunity for an experienced investor or property manager who can stabilize the building and maximize its long-term potential.

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 8525 Maxwell Street?

8525 Maxwell Street is listed at $550,000, or $68 per square foot.

How many bedrooms does 8525 Maxwell Street have?

This property has N/A bedrooms and 14 bathrooms, with 8,036 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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