5645 Grand River Avenue, Genoa Twp, Michigan 48843
$999,900
Property Details
- MLS#: 71026002193
- Bedrooms: N/A
- Bathrooms: N/A
- Square Feet: N/A
- Lot Size: 0.29 acres
- Year Built: 1950
- Property Type: ResidentialIncome
- Status: Active
- Days on Market: 25
Description
Stabilized 10-unit multifamily producing $11,300+/mo gross income and offered at a 10% cap rate. All units occupied with a strong tenant base, including 4 long-term Section 8 tenants providing reliable, government-backed income. Clear upside through rent growth across multiple units. Mix of 1 bed/1 bath (7) and studio (3) apartments.A solid addition to any buy-and-hold portfolio or a strong option for investors looking to place capital into a performing, income-producing asset. Private MLS listing -- contact listing agent for financials, rent roll, and showing instructions.
Location
This property is located in Genoa Twp, Michigan. Genoa Twp is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.
Frequently Asked Questions
What is the price of 5645 Grand River Avenue?
5645 Grand River Avenue is listed at $999,900.
How many bedrooms does 5645 Grand River Avenue have?
This property has N/A bedrooms and 0 bathrooms.
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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