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$999,990
15
beds
19
baths
11,075
square ft

13535 La Salle Boulevard
Detroit, Michigan 48238

New / MLS #20240087355 / Multiple Unit (2-4) / Oakman Blvd Community
Listing information updated 11/20/2024 at 2:05pm
Rare opportunity on this Value Add Multi Family comprised of 19 units. Full brick well maintained building in the heart of Detroit. All units have been renovated. Unit mix consists of (14) one bedroom units, (1) two bedroom units ,(4) studio units. Strong financials with a projected 11% cap rate with all 19 units rehabbed. Each hallway and common areas are updated. Each unit has its own electric meter, Plenty of crucial upgrades completed including new boiler, common area and unit renovations, and many other capital upgrades totaling 250,000. The exterior has been impeccably maintained with a newer Spanish clay tile roof on the building, newer windows, and parking available for tenants. All tenants are in great standing with management, and management is offering a one or two year transition management agreement to the new investor. Conveniently located near major highways making commuting to nearby landmarks such as Wayne State University and Downtown Detroit. Don't miss out on this amazing opportunity.
Architecture Style:
Cape Cod,Victorian,Traditional
Basement:
Partially Finished,Walk-Up Access,Common Storage Locker,Common
Beds Above Grade:
15
Heating System:
Radiant, Steam, Natural Gas
Pool:
No
Age:
95 Years
Roof Type:
Rubber,Tile
Parking Type:
Lighted,On Street
Water Front:
No
Square Feet:
11,075
Lot Size:
0.19 acres
Acreage:
0.19
Tax Amount:
$12,330
Tax Year:
N/A
Zip Code:
48238
City:
Detroit
County:
Wayne
School District(s):
Detroit
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: EXP Realty LLC

Listing Office Phone: 888.501.7085

Disclaimer: IDX provided courtesy of Realcomp II Ltd. via site owner and the originating MLS listed above, © 2024 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

$82,793
Average Sale Price
48
Average Days On The Market
91%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 13535 La Salle Boulevard, Detroit, MI 48238

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13535 La Salle Boulevard is a multiple unit (2-4) currently listed at $999,990. 13535 La Salle Boulevard features 15 Beds, 19 Baths. This multiple unit (2-4) has been listed on @properties REMI Christie's International Real Estate since November 20th, 2024 and was built in 1929.