21124 Schoolcraft
- 30-unit multifamily apartment with an efficient one-bedroom unit mix.
- On-site parking and spacious site with approximately 0.42 acres.
- Immediate access to I-96 and Southfield Freeway (M-39), providing quick connectivity throughout Metro Detroit.
- Approximately 20 minutes from Downtown Detroit and major employment centers.
- Minutes from neighborhood shopping including Telecraft Shopping Center, Grand River Market Place, and Value Center.
- Near Rouge Park and Eliza Howell Park, offering extensive green space, walking trails, and recreational amenities.
Property Description
Presenting a prime investment opportunity for multifamily and low-rise/garden investors in Detroit, MI. This 19,500 square foot, 30-unit property was built in 1968 and is zoned B4, offering significant potential for the savvy investor. The property's ideal location and established infrastructure make it a compelling addition to any investment portfolio. With its advantageous features and strong appeal to the rental market, this property represents a promising opportunity in the thriving Detroit area.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,650,000 |
| No. of Units: | 30 |
| Year Built: | 1968 |
| Lot Size: | 0.41 Acres |
| Opportunity Zone: | No |
| Price per unit: | $55,000 |
| Property Website | Click Here |
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