12564 Pinehurst ST, Detroit, MI 48204
12564 Pinehurst ST, Detroit, MI 48204
12564 Pinehurst ST, Detroit, MI 48204
12564 Pinehurst ST, Detroit, MI 48204
12564 Pinehurst ST, Detroit, MI 48204
12564 Pinehurst ST, Detroit, MI 48204
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$ 580,000
Est. payment | /mo

10 Beds

12 Baths

2,881 SqFt


Save
$ 580,000
Est. payment | /mo
Save

10 Beds

12 Baths

2,881 SqFt

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 2,881 sqft

Price per Sqft $201

Subdivision Moore & Veale Sub

MLS Listing ID 5050220846

Style Morethan2Stories,Apartment

Bedrooms 10

Full Baths 12

Year Built 1927

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type MultiFamily

Property Description

Excellent investment opportunity featuring a 12-unit income-generating apartment building. 10 of the units are 1 bed 1 bath and 2 of the units are studios. Tenants are responsible for their own electric and gas utilities, while the owner pays for water. Several occupied units have already been renovated with fresh paint and modern flooring. The vacant units may require some updating, and offer an opportunity for an investor to renovate and increase overall rental income. Market rents are estimated at approximately $700"“$750 per unit. Land contract terms are available with a $50,000 down payment.

Location

State MI

County Wayne

Area Area05042Det6Tiregrnfldlivernois

Interior

Heating Electric, Forced Air, Separate Meters

Fireplace No

Exterior

View Y/N No

Building

Foundation Basement

Sewer Public Sewer

Water Public

Architectural Style Morethan2Stories, Apartment

New Construction No

Schools

School District Detroit

Others

Acceptable Financing Cash, Contract, Conventional

Listing Terms Cash, Contract, Conventional

Special Listing Condition CorporateRelocation, ShortSaleNo

Realcomp MLS
Listed by Keelie Thomas of Elite Real Estate Professionals, Inc.

Nearby Locations

Robert Hall

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(810) 247-7700

roberthallrealtor@gmail.com

205 Huron Ave, Port Huron, MI 48060, USA

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12564 Pinehurst ST