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5900-5938 Michigan Ave
Detroit, MI 48210
Mead Apartments · Multifamily Property For Sale · 24 Units
PROPERTY FACTS
| No. Units | 24 | Building Size | 19,563 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low Rise | Year Built | 1924 |
| Building Class | C | Parking Ratio | 2.56/1,000 SF |
| Lot Size | 0.56 AC |
| 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 | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $677,700 |
PROPERTY TAXES
zoning
| Zoning Code | CM (B-4 General Business) |
| CM (B-4 General Business) |
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