$675,000

Estimated payment $4,517/month

Total Views 6,873
9 Beds
6 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Investor's dream in the heart of the city WITH VERY strong CAP rate! This all-brick 3-flat is a prime opportunity with incredible income potential. Each spacious unit boasts 3 bedrooms and 2 baths, updated interiors, laundry in-unit. Rents are currently below market, offering room for increased profitability. The first and second floors feature soaring 9-ft ceilings, while the third floor impresses with cathedral ceilings and skylights for abundant natural light. Enjoy the convenience of outdoor terraces for each unit, perfect for relaxation or entertaining. The property includes a 3-car brick garage and a wrought iron fence surrounding the premises, adding security and curb appeal. Recent updates include a new front exterior staircase. This property has been well-maintained, professionally managed, and offers the flexibility to move into one unit while renting the other two. Located near the Medical District, Tri-Taylor, and all the amenities the area has to offer, this is an ideal location for tenants. Don't miss out on this rare investment opportunity - schedule your showing today!

Listing Agent

Neveen Michael

Keller Williams Infinity License #475141115 Listed on: 06/19/2025

Keller Williams Infinity

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,221

Year Built

  • Built in 2005

Lot Details

  • Lot Dimensions are 25 x 125

Parking

  • 3 Car Garage

Home Design

  • Brick Exterior Construction
  • Stone Siding

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 6 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,221

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 2005
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 6
  • Total Bedrooms: 9
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 6
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Central Air Conditioner,Garage/Space,Range Hood,Walk-In Closet,Accessible Entrance
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Central Air Conditioner,Garage/Space,Range Hood,Walk-In Closet,Accessible Entrance
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Central Air Conditioner,Garage/Space,Range Hood,Cathedral Ceilings,Skylights/Windows,Walk-In Closet,Accessible Entrance

Exterior Features

  • Construction Materials: Brick, Glass, Stone
  • List Price: 675000
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: On Site, Attached, Garage
  • ParkingTotal: 3

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Fee Information

  • Other Expenses $: 2248

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25 X 125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 11220.64
  • Tax Year: 2023

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2025 06/19/25 For Sale $675,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12397880

Midwest Real Estate Data (MRED)