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$499,999

Est. payment - /mo

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8 Baths

3,370 SqFt

New

11744 Cascade ST Detroit, MI 48204

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Kayla Shaffer

kaylashaffer@epique.me +1(517) 295-8128

UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 3,370 sqft

Price per Sqft $148

Subdivision Mc Quades Heights

MLS Listing ID 20261044105

Style Other

Full Baths 8

Year Built 1930

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type MultiFamily

Property Description

Eight 1-bedroom units ideally positioned near Wayne State University, Detroit Medical Center, and Midtown, prime territory for student and workforce housing demand.. Projected gross income of $76,800/year at market rents.. Brick construction, forced air heat, public water/sewer. Minutes from Downtown Detroit, major freeways, restaurants, and local amenities. Cash or conventional financing only. Do not disturb tenants. Call for appointment, At $800/month per unit, projected gross income of $76,800/year with a potential cap rate exceeding 9% at list price

Location

State MI

County Wayne

Area Area05043Detlivernoisi756Gdriver

Rooms

Basement Common, Unfinished

Interior

Heating Forced Air, Natural Gas

Fireplace No

Exterior

Pool None

View Y/N No

Garage false

Building

Foundation Basement, BrickMortar

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Conventional, WarrantyDeed

Listing Terms Cash, Conventional, WarrantyDeed

Special Listing Condition ShortSaleNo, Standard

Pets Allowed Call

Listed by Paris Laurent of RE/MAX Leading Edge

NEARBY SCHOOL & BUSINESS

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CONTACT US

+1(517) 295-8128

kaylashaffer@epique.me