19143 Berg Road, Detroit, MI 48219

Detroit, MI, 48219

$2,500,000 · — beds · — baths · — sq ft

About this property

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.

Listed by Keller Williams Paint Creek · MLS 50220594

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