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Sold for $850,000 on 02/08/24
  • $850,000

    19169 Lahser Rd, Detroit, MI 48219

    24beds
    15,390sqft
    Multi Family
    Built in 1971
    -- sqft lot
    $915,100 Zestimate®
    $55/sqft
    $1,306 Estimated rent

    What's special

    Great investment opportunity, 13% plus cap rate! Renovated 2.5 story 20-unit brick apartment building with eleven 1-bed 1-bath, six 2-bed 1-bath and 2 studios situated on a 14,810 sf site with good curb appeal. Leases negotiable upside increase to market rents, current occupancy 100%. Boiler and roof updated, parking lot for tenants. Property manager in place or self-manage. Ideal opportunity for cash buyer or bank financing.

    Zillow last checked: 7 hours ago

    Listing updated: February 08, 2024 at 12:39pm

    Listed by:

    Justin Zehel 248-979-3466,

    Keller Williams Paint Creek

    Bought with:

    Samuel Abdoo, 6501379390

    Abdoo Realty

    Source: MiRealSource,MLS#: 50102676MLS LogoOriginating MLS: MiRealSource

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 24
    • Bathrooms: 20
    • Full bathrooms: 20
    Heating
    • Forced Air
    Features
    • Has basement: Yes
    • Has fireplace: No
    Interior area
    • Total structure area: 15,390
    • Total interior livable area: 15,390 sqft

    Property

    Features
    • Levels: More than 2 Stories
    Lot
    • Size: 0.34 Acres
    • Dimensions: 14810
    Details
    • Special conditions: Private

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Foundation: Basement
    Condition
    • Year built: 1971

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: Public Sanitary
    • Water: Public

    Community & neighborhood

    Location
    • Region: Detroit
    • Subdivision: Seven Mile Lahser Sub

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash
    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

    $915,100

    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

    $915,100