Courtesy of: Fadi Dabaja, EXP Realty Main, fdabaja@dabajateam.com
Courtesy of: Fadi Dabaja, EXP Realty Main, fdabaja@dabajateam.com
$775,000
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10.00 Bath (10 Full)
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Lot: 0.27 Acres
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Other
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$775,000
2017 BURLINGAME Street Prime Multifamily Investment Opportunity in Detroit! Discover the potential of 2017 Burlingame Street, a high upside value add 10-unit multifamily property in the desirable Boston Edison District. Spanning 7, 884 sq. ft. this brick and block building combines timeless charm with modern upgrades. The property features 7 one-bedroom units and 3 two-bedroom units, potentially generating a monthly rental income of $9, 500 with utilities included, and a projected net annual income of $84, 000. Key features include a full basement with storage, laundry facilities, newer boiler, upgrades to units, windows roof and many other upgrades. Ample parking for 20 vehicles. Financing options include cash, conventional, or a land contract with a $350, 000 down payment and a 7.5% interest rate. Don’t miss this exceptional investment opportunity—schedule your showing today!
Courtesy of: Fadi Dabaja, EXP Realty Main, fdabaja@dabajateam.com
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