11744 Cascade Street, Detroit, MI 48204
11744 Cascade Street, Detroit, MI 48204
11744 Cascade Street, Detroit, MI 48204
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Jared Stout

Jared Stout

+1(269) 599-2008
$499,999
Est. payment /mo
8 Baths
3,049 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20261044105

Year Built 1930

Annual Tax Amount $13,986

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 51X60

Source Realcomp

Property Description

Eight 1-bedroom units ideally positioned near Wayne State University, Detroit Medical Center, and Midtown, prime territory for student and workforce housing demand.. Potentially Projected gross income of $76,800/year at market rents.. Brick construction, forced air heat, public water/sewer. Minutes from Downtown Detroit, major freeways, restaurants, and local amenities. Cash or conventional financing only. Do not disturb tenants., At $800/month per unit, projected gross income of $76,800/year with a potential cap rate exceeding 9% at list price

Location

State MI

County Wayne

Zoning Multi-Family

Direction 96

Interior

Heating Forced Air

Exterior

View Y/N No

Building

Water Public

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W14I004125S002L

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by RE/MAX Leading Edge

Nearby Locations

Jared Stout
Jared Stout

Agent | License ID: 6501411647

+1(269) 599-2008 | jared.stout@exprealty.com

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