Detroit, MI 48209 5807 Toledo Street # 2
$1,195
12 more
Presented By: Cynthia Lewis at Prep Realty - (313) 855-7737
Beds • 2
Baths • 1
SQFT • 12,964
Home Details
Welcome to your next investment opportunity in the heart of Southwest Detroit! This 10-unit building is a beacon of potential, boasting numerous features that make it a lucrative addition to your portfolio.The upgraded units in this building command top dollar, with rents reaching up to $1,200 per month. This means a potential annual income of around $140,000 when all units are fully upgraded.Southwest Detroit is experiencing rapid appreciation, making this property an even more attractive investment. The neighboring $4.4BN Gordie Howe Bridge development is scheduled to complete next year. Its surrounding areas have seen significant development, making it an exciting time to invest in this community.
Presented By: Cynthia Lewis at Prep Realty - (313) 855-7737
Interior Features for 5807 Toledo Street # 2
Bedrooms
Total Bedrooms2
Bathrooms
Half Baths0
Total Baths1
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Total Fireplaces
General for 5807 Toledo Street # 2
Additional Parcels Y/NNo
Architectural StyleOther
Carport Y/NNo
CityDetroit
CountyWayne
DirectionsToledo Street and Campbell Street
Electric On Property Y/NNo
Full Baths1
Garage Y/NNo
HeatingForced Air
High School DistrictDetroit
Land Lease Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet7405.0
Lot Size UnitsAcres
MLS AreaWayne County - 100
MLS Area MinorWayne County - 100
MobileHomeRemainsYNNo
ModificationTimestamp2024-10-16T16:08:22Z
New Construction None
Property SubTypeApartment
Property TypeResidential Lease
Rent Control Y/NNo
Senior CommunityNone
Standard StatusActive
StatusActive
Stories2
Tax Year2024
Total Rooms0
TownshipDetroit City
Unit Number2
Waterfront Y/NNo
Exterior for 5807 Toledo Street # 2
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.17
Lot Size Area0.17
Open Parking Y/NNo
SpaNo
Additional Details
Price History
Mario Zarantenello
Broker
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