Detroit, MI 48219 19199 Lahser 1

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Presented By: Daniel Richardson at BELE Realty Inc - (248) 422-1804
  • MLS# 25021048
  • 05/11/2025
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Home Details

Calling All Investors - Cash-flowing 18-unit apartment building (with seven 2-bedroom units) located at 19199 Lahser Rd, Detroit, MI 48219; This brick 2-story 15,776 SF 18-unit multifamily building situated on a 18,774 SF site, has 18 separate folio numbers having the ability to be sold as a condo, is currently 100% occupied with stable tenants and an on-site property manager. Most units have been renovated over the past 2 years, therefore, new owner will not have any maintenance to take on. Building has a full basement for storage and washer & dryer for tenants. Roof, Electrical, HVAC were all updated. Parking lot in front and back of building to accommodate 20+ cars. Building is located in a rapidly growing part of West Detroit, this property surrounded by
Presented By: Daniel Richardson at BELE Realty Inc - (248) 422-1804

Interior Features for 19199 Lahser 1

Bathrooms

Total Baths

Other Interior Features

BasementFull
Basement (Y/N)Yes
Heating Y/NYes
Laundry FeaturesCommon Area
Total Fireplaces1

General for 19199 Lahser 1

Additional Parcels Y/NNo
CityDetroit
Construction MaterialsBrick
CountyWayne
Directionsmap
HeatingRadiant
High School DistrictDetroit
Land Lease Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, 2nd Mortgage, Purchase Money Mtg
Lot Size Square Feet300000.0
Lot Size UnitsAcres
MLS AreaWayne County - 100
MLS Area MinorWayne County - 100
MobileHomeRemainsYNNo
ModificationTimestamp2025-05-16T08:04:29Z
New ConstructionNo
Number Of Units Total18
Occupancy TypeOwner
OwnerPaysTrash Collection, Water, Sewer, Gas
PossessionClose Of Escrow
Property Subtype5+ Units
Property TypeMulti Family
Rent Control Y/NNo
Senior CommunityNone
Standard StatusActive
StatusActive
Tax Annual Amount20000.0
Tax Assessed Value600000
Tax Year2025
Tenant PaysElectric
TownshipDetroit City
UtilitiesElectricity Available, Cable Connected
Year Built1960

Exterior for 19199 Lahser 1

Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions100 100
Lot Size Acres6.89
Lot Size Area6.89
Number of Buildings1
SpaNo
Total Parking18.0
Waterfront Y/NNo

Additional Details

Price History

Ray Al-Azzah

Price $990,000
MLS#25021048
List Date 05/11/2025
Property Type Multi-Family
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