19199 Lahser 1 Active

Detroit,MI 48219

$ 990000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type 5+ Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25021048

Year Built 1960

Annual Tax Amount $20,000

Tax Year 2025

Lot Size 6.887 Acres

Property Sub-Type 5+ Units

Property Description

Calling All Investors - Cash-flowing 18-unit apartment building (with seven 2-bedroom units) located at 19199 Lahser Rd, Detroit, MI 48219;

This brick 2-story 15,776 SF 18-unit multifamily building situated on a 18,774 SF site, has 18 separate folio numbers having the ability to be sold as a condo, is currently 100% occupied with stable tenants and an on-site property manager. Most units have been renovated over the past 2 years, therefore, new owner will not have any maintenance to take on. Building has a full basement for storage and washer & dryer for tenants. Roof, Electrical, HVAC were all updated. Parking lot in front and back of building to accommodate 20+ cars.

Building is located in a rapidly growing part of West Detroit, this property surrounded by

Location

State MI

County Wayne

Area Wayne County - 100

Interior

Heating Radiant

Fireplaces Number 1

Laundry Common Area

Exterior

Utilities Available Electricity Available,Cable Connected

View Y/N No

Building

Structure Type Brick

New Construction No

Schools

School District Detroit

Others

Acceptable Financing Cash,2nd Mortgage,Purchase Money Mtg

Listing Terms Cash,2nd Mortgage,Purchase Money Mtg

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