USAMIDetroitRobert Oakmans Twelfth St (Plats)13535 la Salle Blvd
13535 La Salle Blvd, Home with 0 bedrooms, 19 bathrooms and 25 parking in Detroit MI | Image 1
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$899,990

13535 la Salle Blvd, Detroit, MI

Real Estate

For Sale

$--,---,---
01925
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 11075 sqft
Garage No
Taxes $12,330
Days Active 20
Lot Size 
Approx. Age 1929
Avg. Price Per Sqft $81
MLS® Number 20251019653

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

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 12.5%+ 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.Show Description
MLS® Number20251019653
Laundry LevelCommon Area, Laundry Room
Central VacNo
FireplaceNo
Acreage0.19
ExteriorLighting, Private Entrance
GarageNo
Approx. Age1929
BasementCommon, Common Storage Locker, Partially Finished, Walk Up Access
DrivewayLighted, Parking Lot, On Street
Garage Spaces
HeatNatural Gas, Radiant, Steam
A/CWall Units
Heating Fuel

Extras

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