Once in a lifetime investment opportunity in highly desirable Southeast Oakland County. This New Construction apartment building features 8 townhouse-style units, each offering two spacious bedrooms, two full bathrooms and high end finishes in-unit laundry for ultimate convenience. Every unit includes an attached garage and spacious parking lot. The interiors… Read More are thoughtfully designed with modern kitchens, premium cabinetry, and granite countertops, delivering both comfort and upscale appeal plus being a new construction that needs almost no maintenance making this a strong income-producing asset with consistent rental demand. Whether you are expanding your portfolio or entering the investment market, this property offers the perfect combination of location, functionality, and reliable cash flow. Do not miss the opportunity to own a high-performing multifamily asset in a prime area. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of Century 21 Curran & Oberski, (313) 274-7200
Listing Snapshot
Days Online
12
Last Updated
Property Type
Multifamily
Square Ft.
20,250
Lot Size
0.5 Acres
Year Built
2019
MLS Number
20261018459
30 Days Snapshot Of 48030
$107k
-3%
(avg) sold price
30
-21%
homes sold
64
+4%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved, Pub. Sidewalk
Basement
Basement?: 0
Building
8 total units, 7 leased units, 8 two-bedroom units, Built in 2019, Remodelled in 2023, Architectural style: Townhouse, Brick, 20,250 total square feet, 20,250 combined square feet, Unit count: 8
Cooling
Central Air
Fireplaces
Fireplace?: 0
Foundation
Slab
Garage
Garage?: 1
Water Features
Natural Gas, Public (Municipal)
Heating
Forced Air, Natural Gas
Interior Features
220 Volts, Circuit Breakers, Laundry Facility
Lot
Lot size area: 0.50, Lot size dimensions: 136x295
Miscellaneous
Gross scheduled income: $195,000, Income projection: Actual, Monthly rental income: $16,250, Net operating income: $142,308, Operating expense: $52,692
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