11744 Cascade St, Detroit, MI 48204

$499,999
8
BA
3,370
SqFt
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List Price
$499,999
MLS#
20261044105
Status
ACTIVE
Bathrooms
8
Subdivision
MC QUADES HEIGHTS
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248.840.3111

Property Description

Eight 1-bedroom units ideally positioned near Wayne State University, Detroit Medical Center, and Midtown, prime territory for student and workforce housing demand.. Potentially Projected gross income of $76,800/year at market rents.. Brick construction, forced air heat, public water/sewer. Minutes from Downtown Detroit, major freeways, restaurants, and local amenities. Cash or conventional financing only. Do not disturb tenants., At $800/month per unit, projected gross income of $76,800/year with a potential cap rate exceeding 9% at list price

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Additional Information

Year Built
1930
Basement Type
Common, Unfinished
Acres
0.07
Style
Other
Acres
0.07
School District
Detroit
Heating
Forced Air, Natural Gas
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