12769 Meyers Road
Detroit, Wayne County
$275,000
4 baths · 3,658 sq ft · Multi-family
- Year built
- 1925
- Lot
- 0.19 acres
- Annual taxes
- $4,492
- Garage
- 0 cars
- Days on market
- 119
- MLS number
- 20261055120
Turnkey 4-unit investment opportunity in Detroit, 3 of 4 units currently occupied. All four units are identical 2-bedroom/1-bath layouts — two leased at $1,000/month, one at $950/month, and the fourth in the process of being leased at $1,000/month and set to be occupied prior to closing, bringing total gross rent to $3,950/month ($47,400/year). All tenants pay cash and have a consistent on-time payment history, with low turnover across the building. Major capital items have been addressed, including a newer furnace, roof, windows, and hot water tank, and the vacant unit has been freshly painted with new carpet and is move-in ready. A private, fenced backyard and separate utilities per unit round out this stabilized, cash-flowing addition to any rental portfolio.
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Listing courtesy of Real Broker, LLC · (855) 450-0442
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