Average square foot calculated using Size range provided by listing agent.
Description
Rare Investment Opportunity in Prime South End Dearborn—Fully Occupied 8-Unit Building! Opportunities like this hardly ever hit the market in this highly desirable, tightly held neighborhood. This turnkey, income-producing property features eight fully furnished units—seven 1-bedroom units and one 2-bedroom unit (Unit #1)—all currently occupied by long-term, stable tenants, many of whom have been in place for over a decade. Consistent, reliable cash flow with minimal landlord involvement, as the on-site property manager is also a tenant. Major mechanicals are updated, including a newer furnace and hot water tank. Bonus 1.5-car garage offers valuable additional storage space. Whether you're a seasoned investor or just entering the multifamily space, this is a rare chance to own a low-maintenance, cash-flowing asset in a location where properties almost never become available.Show Description
MLS® Number20251019074
Laundry Level
Central VacNo
FireplaceNo
Acreage0.27
Exterior
GarageNo
Approx. Age1925
BasementFinished, Full, Walk Out Access, Walk Up Access
Driveway
Garage Spaces
HeatForced Air, Natural Gas
A/C
Heating Fuel
Extras
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