$605,000 for Sale
20810 w chicago street, detroit, MI 48228
Property Description
Discover this well-maintained 11-unit apartment building located in the heart of Detroit. The property features 4 spacious two-bedroom units and 7 comfortable one-bedroom units, offering a versatile mix to attract a wide range of tenants. Strong Occupancy: 9 of 11 units currently leased, providing immediate cash flow. Tenant-Paid Utilities: Each unit is separately metered for electric, with tenants responsible for their own usage. Landlord-Paid Water: Simplifies utility management for residents. Investment Potential: Opportunity to increase income with two vacant units ready for new tenants or updates. This property is ideal for an investor seeking a stable, income-producing asset with room for growth. Conveniently located near major roads, schools, and amenities, this building offers both short- and long-term upside potential in Detroit’s rental market. *Showings by appointments by only.
General Information
Sale Price: $605,000
Price/SqFt: $78
Status: Active
MLS#: 20251030310
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Acres: 0.2
Lot Dimensions: 88x 1000
Size: 7,796 sq.ft.
Acreage: 0.2 est.
Year Built: 1948
Property Type: Commercial
Style:
Tax, Fees & Legal
Est. Summer Taxes: $6,381
Est. Winter Taxes: $9,608

IDX provided courtesy of Realcomp II Ltd. via Tremaine Real Estate and Realcomp II Ltd., ©2025 Realcomp II Ltd. Shareholders
Listing By: Kestiny Todd of EXP Realty Main, Phone: (888) 501-7085