Solid multi-unit property in a convenient Walkerville location, offered at a 7% cap rate with room to push returns further through cosmetic updates. 4 units: main floor 1 bed & a bachelor suite (converted from a 300 sq ft commercial space), second floor 1 bed, third floor bachelor. Includes paved rear parking for 4 vehicles, a rare find in this area. Currently under professional management and cash-flowing from day one. Zoned CD 2.2. Situated steps away from Walkerville's main strip with the city's best restaurants, nightlife and shops, plus easy access to bus routes and the Detroit River. (id:31684)
Property Features
Heating Information
Forced Air
Natural Gas
Listing Courtesy: REMAX CAPITAL DIAMOND REALTY
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