9250 Genessee StDetroit, MI 48206

For Sale
$70,000

Two-unit rental portfolio, prime Detroit location.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a two-unit multifamily property located at 9250 Genessee St, Detroit, MI 48206. The property, built in 1924, boasts a total of 3,524 square feet across two stories. Each unit offers a significant return on investment, with an asking price of $70,000, translating to $35,000 per unit and a price per square foot of $19.86. The property's location in Detroit, Wayne County, offers strong rental potential. The property's assessed parcel number (APN) is 12005621. This is a turnkey investment opportunity for savvy investors seeking a profitable addition to their portfolio. Buyers are responsible for verifying all information and obtaining necessary city certifications where applicable. The seller will utilize their preferred title company for both buyer and seller sides. A home warranty, if purchased by the seller, will be obtained through the listing agent. All showings require accompaniment by a licensed agent.

Highlights

  • Exceptional investment opportunity: Two-unit multifamily property in Detroit, MI.
  • 3,524 square foot building on two stories, built in 1924.
  • Asking price: $70,000 ($35,000 per unit, $19.86/sq ft).
  • Strong rental potential in desirable Detroit location (Wayne County).
  • Assessed Parcel Number (APN): 12005621.
  • Turnkey investment; buyer verification of information and city certifications required.

Property Details for 9250 Genessee St

Property type
Multifamily properties, Residential income homes
Square Feet
3,524 SF
Year Built
1924
Stories
2
Units
2

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.3724491
Longitude
-83.1139495
9250 Genessee St, Detroit, Michigan

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9250 Genessee St
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