Courtesy of: Chad Apap, EXP Z Real Estate, chad@soldbymarkz.com
Courtesy of: Chad Apap, EXP Z Real Estate, chad@soldbymarkz.com
$1,075,000
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14.00 Bath (14 Full)
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Lot: 0.12 Acres
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Other
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$1,075,000
11765 GLENFIELD Street Fully updated 14-unit multifamily apartment building in the heart of Detroit’s East Side, nestled in the Gratiot-Findlay neighborhood. This turnkey asset features all new plumbing, electrical, drywall, windows, mechanicals including AC, and new gas lines—offering a truly low-maintenance, long-term investment opportunity. Strategically located directly behind the Detroit Police Department’s 9th Precinct, the property benefits from exceptional built-in security. Just steps from Gratiot Ave, residents enjoy easy access to public transportation, shopping, restaurants, and everyday amenities, along with quick connectivity to Downtown Detroit. An added bonus: an adjacent side lot is available through the City, ideal for future development, additional parking, or expanded outdoor space. Currently, 12 out of 14 units are leased, generating $14, 200 per month in rent plus an additional $400 in water reimbursement for a total monthly income of $14, 600. Current owner is netting $135, 840 annually. A previous appraisal came in at $1.15M, with the full report uploaded in the documents for review. Don’t miss this exceptional value—secure this fully modernized, income-producing multifamily building while it’s still available. opportunity in a growing area!
Courtesy of: Chad Apap, EXP Z Real Estate, chad@soldbymarkz.com
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