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Sold for $380,000 on 09/16/22
  • $380,000

    12927 Plymouth Rd, Detroit, MI 48227

    10beds
    4,467sqft
    Multi Family
    Built in 1955
    -- sqft lot
    $399,400 Zestimate®
    $85/sqft
    $1,206 Estimated rent

    What's special

    **INVESTORS** This 10 unit apartment building is fully leased and performing at an impressive 8% cap rate! The property features 1 bedroom apartment units with a courtyard between the units. The exterior of the building is well-cared for and in good condition! There is also room to raise the rents for an improved cap rate. The property features a low-maintenance brick exterior, mostly vinyl windows, a gated courtyard, and plenty of street parking! Add this to your portfolio today! The interior photos are from Unit #10 prior to the current tenant moving in. Tenants pay their own electric bills, including for the electric baseboard heat.

    Zillow last checked: 7 hours ago

    Listing updated: May 10, 2024 at 02:06pm

    Listed by:

    Ryan E Kain 313-277-7777,

    RE/MAX Leading Edge

    Bought with:

    Behzad Bokani, 6501420759

    RE/MAX Dream Properties

    Source: Realcomp II,MLS#: 2210095211MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 10
    • Full bathrooms: 10
    Heating
    • Baseboard, Electric
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total interior livable area: 4,467 sqft
    • Finished area above ground: 4,467

    Property

    Parking
    • Parking features: On Street, Other, Unassigned
    Features
    • Levels: One
    • Stories: 1
    • Pool features: None
    Lot
    • Size: 0.28 Acres
    • Dimensions: 120.00 x 100.00
    Details
    • Parcel number: W22I004864C9
    • Zoning description: MultiFamily
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Poured, Slab
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1955

    Utilities & green energy

    • Sewer: Public Sewer, Sewer At Street
    • Water: Public, Waterat Street

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Detroit
    • Subdivision: COON AVENUE HEIGHTS SUB

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Warranty Deed
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $399,400

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $399,400