$1,350,000
6330 midland street, detroit, MI 48238
Property Description
Well maintained multi family asset in University District, only 10 minutes from downtown Detroit! All units are subsidized under Section 8 program with an average rental rate of $1,161. Gross rent collection in 2024 of $195k+ with 2024 NOI $110k+. All major Capex completed (roof, windows, boiler, hot water tank, electrical, and plumbing). Currently two down units which provides the new buyer the opportunity to add additional revenue along with adding laundry.
General Information
Price: $1,350,000
Price/SqFt: $105
Status: Active
MLS#: 20250004800
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: aston & gittins sub (plats)
Acres: 0.17
Lot Dimensions: 60.00 x 126.00
Bedrooms:0
Bathrooms:22 (22 full, 0 half)
Size: 12,879 sq.ft.
Acreage: 0.17 est.
Year Built: 1927
Property Type: Multifamily
Style: 3 Story
Features & Room Sizes
Exterior: Brick
Basement: 1
Heating: Radiant
Heating: Radiant
Tax, Fees & Legal
Est. Summer Taxes: $5,465
Est. Winter Taxes: $639
Est. Winter Taxes: $639
Map
IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and , ©2025 Realcomp II Ltd. Shareholders Listing By: Alicia M Bronik of National Realty Centers, Inc, Phone: (248) 724-1234
