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Jim Willis

jwillis@millerteamrealtors.com +1(810) 201-6924

$575,000

Est. payment - /mo

16 Baths

4,790 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 4,790 sqft

Price per Sqft $120

Subdivision Ravendale 2

MLS Listing ID 20261078016

Style Colonial

Full Baths 8

Half Baths 8

Year Built 1959

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type MultiFamily

Property Description

Turnkey 8-unit in historic Jefferson Chalmers. All units are 1-bed, 1-bath w/ expansive layouts & natural light. 100% occupancy, immediate cash flow. The building is currently occupied by safe, long-term, and reliable tenants who treat the property with care, ensuring immediate and stable cash flow for an investor. Tenants pay own electric (individually metered). An added amenity rarely found in this area: dedicated storage units are available on-site, providing extra convenience for tenants and a potential ancillary income stream. With its brick exterior, partial basement, and prime location just minutes from the Detroit River, Grosse Pointe, and downtown, this is a true turnkey investment.

Location

State MI

County Wayne

Area Area05055Detconmorsgrathstn7Mack

Rooms

Basement Full, Private Storage Locker, Unfinished, Walk Out Access

Interior

Heating Electric, Forced Air

Fireplace No

Exterior

Pool None

View Y/N No

Garage false

Building

Foundation Basement, Block, Poured

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard

Pets Allowed No

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Listed by Abrahim Basri of Brookstone, Realtors LLC

Nearby School & Business

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Jim Willis

+1(810) 201-6924

Agent Brerms:274322

9439 Chalmers ST Detroit, MI 48213

Jim Willis

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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