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13535 LA SALLE Boulevard
Detroit MI 48238 US

$999,990

Active Listing ID 20240087297
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Lot: 0.19 Acres
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$999,990

Active Listing ID 20240087297
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13535 LA SALLE Boulevard Rare opportunity on this Value Add Multi Family comprised of 19 units. Full brick well maintained building in the heart of Detroit. All units have been renovated. Unit mix consists of (14) one bedroom units, (1) two bedroom units , (4) studio units. Strong financials with a projected 11% cap rate with all 19 units rehabbed. Each hallway and common areas are updated. Each unit has its own electric meter, Plenty of crucial upgrades completed including new boiler, common area and unit renovations, and many other capital upgrades totaling 250, 000. The exterior has been impeccably maintained with a newer Spanish clay tile roof on the building, newer windows, and parking available for tenants. All tenants are in great standing with management, and management is offering a one or two year transition management agreement to the new investor. Conveniently located near major highways making commuting to nearby landmarks such as Wayne State University and Downtown Detroit. Don't miss out on this amazing opportunity.

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Property Features

  • Facts
  • Lot Size: 0.19 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Roof Type: Tile

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 999990
  • unparsedaddress: 13535 LA SALLE Boulevard
  • postalcity: Detroit
  • stateorprovince: MI
  • country: US
  • postalcode: 48238
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.19
  • lotsizeunits: Acres
  • lotsizearea: 0.19
  • livingarea: 11075
  • livingareaunits: Square Feet
  • listagentfullname: Jay Naim
  • listagentemail: jaynaimrealtor@gmail.com
  • listagentkey: 3yd-REALCOMPMI-426431
  • listagentmlsid: 426431
  • listagentpreferredphone: 3135716581
  • listagentofficephone: 8885017085
  • listofficekey: 3yd-REALCOMPMI-375382
  • listofficemlsid: 375382
  • disclaimer: Copyright © 2024 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: REALCOMPMI
  • yearbuilt: 1929
  • yearbuilteffective: 2024
  • listingcontractdate: 2024-11-19
  • countyorparish: Wayne
  • parcelnumber: W10I008797S
  • elementaryschooldistrict: Detroit
  • middleorjuniorschooldistrict: Detroit
  • highschooldistrict: Detroit
  • constructionmaterials: Brick
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 0
  • roof: Tile
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"eXp Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"jaynaimrealtor@gmail.com", "ListBrokerageCity":"Royal Oak", "ListBrokerageCountry":"US", "ListBrokerageEmail":"edward.hudson@exprealty.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/151/264087/20140423200110529.png", "ListBrokerageName":"eXp Realty", "ListBrokeragePhone":"(888) 501-7085", "ListBrokeragePostalCode":"48067", "ListBrokerageStateOrProvince":"MI", "ListBrokerageUnitNumber":"Suite 105b", "ListBrokerageUnparsedAddress":"811 N. Main St.", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"39555 Orchard Hill Place Ste 600", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"046884", "ListOfficeCity":"Novi", "ListOfficeCountry":"US", "ListOfficeEmail":"mi.broker@exprealty.net", "ListOfficePostalCode":"48375", "ListOfficeStateOrProvince":"MI", "ListPriceCurrencyType":"USD", "ListingTitle":"Apartments, Business And Real Estate - Detroit, MI", "ListingURL":"https://listings.listhub.net/pages/REALCOMPMI/20240087297/?channel=rexren", "MLSModificationTimestamp":"2024-11-20T14:46:21Z", "Neighborhoods":[{"Description":null, "Name":"Det: Livernois-I75 6-Gd River"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":12330, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/20/2024 10:07:44 PM GMT
Source Updated Date: 11/26/2024 6:52:36 AM GMT

Courtesy of: Jay Naim, EXP Realty LLC, jaynaimrealtor@gmail.com

Copyright © 2024 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.