19143 Berg Rd, Detroit, MI 48219
- $2,500,000
- 64
- BD
- 48
- BA
- 39,816
- SqFt
- List Price
- $2,500,000
- MLS#
- 58050220594
- Status
- ACTIVE
- Bedrooms
- 64
- Bathrooms
- 48
- Half-baths
- 8
- Subdivision
- MORE THAN ONE LEGAL INVOLVED
Property Description
Excellent investment opportunity featuring a 40-unit apartment complex consisting of two buildings on one lot. The property offers a desirable unit mix of 16 one-bedroom/one-bath units, 16 two-bedroom/one-bath units, and 8 townhouse-style two-bedroom/1.5-bath units. Currently 98% occupied with only one vacancy, providing strong occupancy and consistent rental income. Both building boilers were replaced last winter. Roofs are in solid condition and windows are well maintained. The property offers an attractive 10% cap rate and is situated in a prime location.
Additional Information
- Year Built
- 1963
- Acres
- 1.26
- Acres
- 1.26
- School District
- Detroit
- Heating
- Natural Gas, Separate Meters, Steam
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