MI > Detroit > Schoenherrs Home Sub
Detroit, MI 48205,18625 Schoenherr Street
Detroit, MI 48205,18625 Schoenherr Street
Detroit, MI 48205,18625 Schoenherr Street
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$675,000
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8 Baths
5,054 SqFt
Active

18625 Schoenherr Street Detroit, MI 48205

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Robert Hall

Robert Hall

+1(810) 247-7700

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,054 sqft

Price per Sqft $133

Subdivision Schoenherrs Home Sub

MLS Listing ID 58050170399

Full Baths 8

Year Built 1965

Annual Tax Amount $5,637

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 65x124x65x124

Source MiRealSource

Property Description

Investor Special! Exceptional investment opportunity with strong, stabilized rents with a 15% cap rate. This package deal includes an 8-unit apartment building and a 12-unit apartment complex, totaling 20 units. 8-Unit Complex: Features updated windows and newer HVAC systems. 12-Unit Complex: Equipped with newer HVAC systems. All Units: 1-bedroom, 1-bathroom layouts in good condition. Heating: No boilers-each unit has a forced-air furnace. Ideal for first-time investors! Rent rolls and expense reports are available upon request. Serious buyers only. Other address included is 14103 Rochelle St, Detroit, MI 48205.

Location

State MI

County Wayne

Area Det 8 To Gratiot/Houston To 7

Interior

Heating Forced Air, Separate Meters

Fireplace no

Heat Source Natural Gas

Exterior

Garage no

Private Pool No

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Level or Stories 2 Story

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID 21029807

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Owner May Carry(Purchase Money Mortgage)

Listing Terms Cash, Owner May Carry(Purchase Money Mortgage)

Financing Cash,Owner May Carry(Purchase Money Mortgage)

Realcomp MLS
©2025 Realcomp II Ltd. Shareholders
Listed by Justin Zehel of Keller Williams Paint Creek

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agent

Robert Hall

Realtor - Regional Director of Leadership | License ID: 6501426773

+1(810) 247-7700

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18625 Schoenherr Street