19143 Berg Road, Detroit, Michigan 48219

$2,500,000

Property Details

  • MLS#: 58050220594
  • Bedrooms: 64
  • Bathrooms: 44
  • Square Feet: 39,816
  • Price per Sqft: $63
  • Lot Size: N/A
  • Year Built: 1963
  • Property Type: ResidentialIncome
  • Transaction: For Sale
  • Listing Status: Active

Tax and Assessment Information

Assessment evidence unavailable.

Description

Excellent investment opportunity featuring a 40-unit apartment complex consisting of two buildings on one lot. The property offers a desirable unit mix of 16 one-bedroom/one-bath units, 16 two-bedroom/one-bath units, and 8 townhouse-style two-bedroom/1.5-bath units. Currently 98% occupied with only one vacancy, providing strong occupancy and consistent rental income. Both building boilers were replaced last winter. Roofs are in solid condition and windows are well maintained. The property offers an attractive 10% cap rate and is situated in a prime location.

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 19143 Berg Road?

19143 Berg Road is listed at $2,500,000, or $63 per square foot.

How many bedrooms does 19143 Berg Road have?

This property has 64 bedrooms and 44 bathrooms, with 39,816 square feet of living space.

Ask about this property

Contact Sonic Realty to verify current availability or ask about this listing. A showing is only arranged after the listing team confirms it.

Phone: (313) 484-4696

Email: info@sonicrealty.com

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