16 units apartment building 🔥 Make an offer ✍️

Wayne County, Detroit, MI, 48224 View full address
$650,000
16158 sq ft
For Sale

Facts and Features

Type
Multi family
Parking
Assigned
Year build
1965
Lot size
110.00 acres
Bedrooms
16
Sq. Footage
16158
Bathrooms
16

Summary

🛏16 bed/🛁16 bath

✅ 16,158 sqft

✅ 110 acres lot

✅ Vacant

✅ Asking price: $650k💥

✅ Financing is also an option: ( ask for terms)


16 units apartment building at 10101 Cadieux Rd, Detroit, MI 48224.


It was fully occupied by squatters and non-performing tenants and full of junk, it took us 1yr to have it fully vacant, cleaned up, secured and ready for rehab.


The building can be performing with $80k rehab but it would need $150k to address all deferred maintenance and be fully turnkey.


You can access the pictures ( before the clean up) here: https://drive.google.com/drive/folders/17RCbtCiGSanuUpqKmeKl_NvGoNghfKcg?usp=sharing

DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.

Street View

Location and Comparables

Bedrooms
Bathrooms
Sq. footage
Last Sale Date
Last Sale Price
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