7464/7460 Southfield Road

Detroit, MI 48228
Square Ft.
1,459
$399,900
Exceptional investment opportunity featuring an 8-unit apartment portfolio consisting of four duplex buildings located at 7438-7440 Southfield, 7444-7446 Southfield, 7452-7454 Southfield, and 7460-7464 Southfield. This fully occupied complex offers immediate cash flow with strong upside potential for the next owner. Well-positioned for investors seeking a stabilized asset with room toRead MoreRead Less
Provided through IDX through Realcomp II Ltd. Courtesy of EXP Realty Main, [email protected], (888) 501-7085.
Listing Snapshot
Days Online
59
Last Updated
Property Type
Multifamily
Square Ft.
1,459
Lot Size
0.09 Acres
Year Built
1959
MLS Number
20261028198
30 Days Snapshot Of 48228
$69k
-1%
(avg) sold price
35
-25%
homes sold
58
-9%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Gravel, Paved, Alley
Basement
Basement?: 0
Building
8 total units, 8 leased units, 8 two-bedroom units, Built in 1959, Architectural style: Duplex, Brick, 1,459 total square feet, 1,459 combined square feet, Unit count: 8
Exterior Features
Fenced
Fireplaces
Fireplace?: 0
Foundation
Slab
Garage
Garage?: 0
Water Features
Natural Gas, Public (Municipal)
Heating
Forced Air, Natural Gas
Lot
Lot size area: 0.09, Lot size dimensions: 40x93
Miscellaneous
Gross scheduled income: $75,900, Income projection: Actual, Monthly rental income: $6,325, Net operating income: $0
Parking
14 parking spaces
Pool
Pool?: 0
Property
Property type: Multifamily
Taxes
Tax amount (summer): $2,632, Tax amount (winter): $1,266
Sewer
Sewer (Sewer-Sanitary), Sewer at Street
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Monthly Payment
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Garrett Blair
Broker
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IDX provided courtesy of Realcomp II Ltd., via Douglas Rose Realty and Garrett Blair, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

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