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Great Investment! 15 Unit! Over 10% CAP!



$600,000

FOR SALE

16200 Fullerton Ave

Detroit, MI

  • 10% plus CAP rate
  • Beautiful brick multifamily complex of 15 units.
  • Professionally managed. No owner responsibilities
  • Brand new roof
  • Average monthly rent $580
  • Laundry area with coin washers and dryers for tenants
  • Located near I-96 with direct access to Downtown Detroit and major financial and commercial areas

Documents

 
No Documents for this Property


  • Sale Comps $625K - $1.2M
  • Rental Comps $580 - $620
  • Property Type Residential
  • Location Detroit, MI 48227
  • Size 9410 sq. ft.
  • Bedrooms 15
  • Bathrooms 15
  • TAV 95.6K
  • Annual Taxes $7,287
  • Year Built 1969

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