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5918 Saint Antoine Street, Detroit, MI 48202

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5918 Saint Antoine Street, Detroit, MI 48202
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Comments for 5918 Saint Antoine Street, Detroit, MI 48202

If you have been looking for a high end, low investment opportunity in tech town, look no further. This is your opportunity. Completely renovated in 2021 (cosmetics and mechanicals), this spectacular apartment building hosts a variety of floor plans with a variety of income opportunities. In fact, the opportunity is so great, every apartment is currently occupied and collecting a total monthly income over $42,000.00. It’s turn key and ready for you to acquire. Over 21,000 square feet of modern living space with 25 units, and over a 6% cap rate. This building is in close proximity to several million dollars of future developments that are already planned, which will make your property value rise as the neighborhood is developed. Within one mile are several employers such as Ford Health Care, Rocket Mortgage and Blue Cross Blue Shield, just to name a few. Lastly, across the street is a planned development of 433 apartment units, along with retail, commercial, and co-working space. Showings by appointment only.

$6,400,000.00

Estimated Monthly Payment: $28,729.53 (including taxes & insurance estimates)

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Property Details

City: DetroitProperty Type: Multi Unit - Multiple
Subdivision: WM H BREARLEYS RESUB (PLATS)Lot Size: 0.2 Acres
School District: DetroitBathrooms: 36 full
Status: ActiveSquare Feet: 21072
Year Built: 1912MLS#: 20221005561

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Property Features

Property Type: Multi Unit - MultipleHome Style: Common Entry Building, Historic
Architecture: Common Entry Building, HistoricLot Dimensions: 0.20 Acre(s)
Basement: UnfinishedLot Size: 0.2 Acres
Days on Site: 163Road Frontage: Paved
Exterior: BrickSummer Tax: $3007.0000
Foundation: BasementWinter Tax: $353.0000
Fuel Type: Natural GasYear Built: 1912
Heating: Forced AirYear Remoldeled: 2021

School Information

School District: Detroit

Listed By

Agency Name: Max Broock, REALTORS®-Detroit
Agency Phone: (313) 324-8430

Shown By

Agency Title: Russ Ravary
Agency Phone:

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