MICHIGAN REAL ESTATE INVESTORS

4727 Rohns St, Detroit, MI 48214

Multiple Family

Property Status: Pending (Wholesale) |  For Sale: $350,000.00


Property Photos


[OFF MARKET] 14-Unit Detroit Apartment Building for Sale | John@CleareToClose.com


Property Status:
This Property is currently...
  • Status: Pending (Wholesale)
  • For Sale: $350,000.00
Property Details:
Multiple Family
Property Style:
5+ Units
Year Built:
1927
Finished Sq Ft:
7,400
Basement:
Unfinished Basement
Owner / Agent:
Wholesale
Property Features:
No Property Features Listed.
Contact Info
Cleare To Close LLC
(248) 217-6055

View on Individual's Website
Property Description:

4727-4751 Rohns St. Detroit, MI 48214

Off Market Detroit 14-Unit for Sale!

Unit Mix: All 1 Bed/1 Bath

Full Rehab Needed | Vacant | Paved Parking Lot

Asking: $350k ($25k/door)
Estimated Rehab: $210k ($15k/door)
Sold Comps Range: $65k/door-$150k+/door

Potential NOI: $86k (Based on $700/Mth/Unit)
Potential Cap Rate: 15%+

MLS Sold Comps | 48214 Zip: bit.ly/309M9QM

Area Rents: bit.ly/3lwgpgf

Photos: bit.ly/3pGq6Kq

Less than 5 miles away from Indian Village & Downtown
Nice Block, Repaved Street

Offers: John@CleareToClose.com

Highest & Best Wins the Deal

Warranty Deed

#CleareToClose



Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee.

Michigan Real Estate Investors is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.

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