1561 Webb Street, Detroit, MI 48206
sale
$199,000
|
Other
Courtesy Of eXp Realty
811 N. Main St., Royal Oak, MI 48067
8-unit brick multi-family investment opportunity in Detroit. Property features a new roof and has been fully interior demoed down to the studs, providing a true blank slate for redevelopment and value-add potential.
Seller/agent has a full scope of work available, including a project proposal from a licensed contractor with detailed plans, unit layouts, and modern finish concepts for each unit, allowing investors to move forward with a clear renovation vision and execution plan.
Projected market rents estimated between $950 $1,200 per unit once completed. Ideal for investors, buy-and-hold, or portfolio expansion strategies seeking strong future cash flow and appreciation.
Seller/agent has a full scope of work available, including a project proposal from a licensed contractor with detailed plans, unit layouts, and modern finish concepts for each unit, allowing investors to move forward with a clear renovation vision and execution plan.
Projected market rents estimated between $950 $1,200 per unit once completed. Ideal for investors, buy-and-hold, or portfolio expansion strategies seeking strong future cash flow and appreciation.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Exterior Type: Brick
- Legal Description: S WEBB W 36.2 FT ON N LINE BG W 35 FT ON S LINE 103 102&101 R OAKMANS HAMILTON BLVD SUB L29 P37 PLATS, W C R 6/156 152.7 IRREG
- MLSID: 20261008320
- Roof Type: Shingle
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