$1,647,700

5701-5707 woodward street, dearborn, MI 48184

Property Description
Rare opportunity to own two apartment buildings.  This amazing investment consists of two separate apartment buildings.  Building one is a brick two story, consisting of eight, two bedroom units, private patios with sliding doors,  and  with central laundry room with paid laundry that generates additional income.   Building two consisting of eight one bedroom units, with central laundry room.  A grand total of 16 apartment units.  Private parking lot with assigned spaces.  Seasoned and strong rent roll for both buildings with full occupancy.  All units are rented at market value with great paying long term tenants.   Most of the units have been recently updated.  Large center common area for both units.  Both buildings are fully city certified and ready for transfer.  Full financials and rent roll available after signing the NDA. Do NOT disturb tenants. Showings will be scheduled only upon accepted offer. BATVAI
General Information
Price: $1,647,700
Price/SqFt: $147
Status: Active
MLS#: 20251003673
City: wayne
Post Office: dearborn
Schools: wayne-westland
County: Wayne
Subdivision: hoag sub
Acres: 0.15
Lot Dimensions: 120x160
Bedrooms:0
Bathrooms:16   (16 full, 0 half)
Size: 11,218 sq.ft.
Acreage: 0.15 est.
Year Built: 1966
Property Type: Multifamily
Style: 2 Story
Features & Room Sizes
Exterior:  Brick, Vinyl
Basement:  0
Heating:  Baseboard
Tax, Fees & Legal
Est. Summer Taxes:  $10,720
Est. Winter Taxes:  $1,575
Map


IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and , ©2025 Realcomp II Ltd. Shareholders Listing By: Hiba Saad of Keller Williams Legacy, Phone: (313) 752-0000
(810) 845-0423 Call Sandy Worthing for more information about this property.

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(810) 244-2014