USAMIDetroitNagels Golf Club16810 Baylis St
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$599,900

16810 Baylis St, Detroit, MI

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 7996 sqft
Garage Yes
Taxes $134
Days Active 0
Lot Size 
Approx. Age 1927
Avg. Price Per Sqft $75
MLS® Number 20251015492

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Fully updated and income-producing 5-unit apartment building, offering a strong opportunity for investors. Each unit is currently occupied by reliable tenants, all of whom have been in place for approximately three years and wish to stay. All leases are month-to-month, leaving flexibility for the new owner. Recent upgrades include energy-efficient appliances, a new furnace, and a new hot water tank. No major repairs are needed. Approximately 15 years remain on the tax abatement. Located near expressways, just 15 minutes from downtown Detroit and 20 minutes from Detroit Metro Airport. Great 8.5% cap rate in an up-and-coming Detroit neighborhood.Show Description
MLS® Number20251015492
Laundry Level
Central VacNo
FireplaceNo
Acreage0.17
Exterior
GarageYes
Approx. Age1927
BasementUnfinished
DrivewayGarage
Garage Spaces
HeatForced Air, Natural Gas
A/C
Heating Fuel

Extras

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