This Multifamily Property is no longer advertised on LoopNet.com.
5900-5938 Michigan Ave
Detroit, MI 48210
Mead Apartments · Multifamily Property For Sale · 24 Units
PROPERTY FACTS
No. Units | 24 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.56 AC |
Building Size | 19,563 SF |
Average Occupancy | 95% |
No. Stories | 3 |
Year Built | 1924 |
Parking Ratio | 2.56/1,000 SF |
Unit Amenities
- Kitchen
- Refrigerator
- Range
- Patio
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Vintage Building
- Bicycle Storage
- Public Transportation
About 5900-5938 Michigan Ave , Detroit, MI 48210
Prime Location- Fantastic opportunity to add a truly turn-key asset to your portfolio. 5 - one bedroom and 17- 2 bedroom units have been fastidiously maintained by current owner and property manager. An additonal two commercial units below apartments. One unit is rented to Michigan appliances for over 5 years. Many long term tenants. Amenities include laundry facility, and storage area. Desirable location in Southwest Detroit. Close proximity to Corktown, Mexican Town, Hubbard Farms and Downtown Detroit.
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
1+1 | 5 | $475.00 | 590 |
2+1 | 17 | $575.00 | 700 |
PROPERTY TAXES
Parcel Numbers |
Multiple
|
Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $677,700 |
zoning
Zoning Code | CM (B-4 General Business) |
Learn More About Investing in Apartment Buildings
Listing ID: 11850718
Date on Market: 3/9/2018
Last Updated:
Address: 5900-5938 Michigan Ave, Detroit, MI 48210
The Detroit W of Woodward Multifamily Property at 5900-5938 Michigan Ave, Detroit, MI 48210 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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