5970 Proctor Street

5970 Proctor Street

Detroit, Michigan 48210

| 2472 sq.ft. | Built 1923 | Commercial

Sold $200,000

REDUCED 5/7/2019! BUILDING IN COMPLIANCE SEE ATTACHED LEAD CLEARANCE! ALL SECTION 8 INSPECTION PASS NOTICES IN HAND. Every investors dream! Cash flowing brick apartment building at a net return of 19.88% ROI, self managed. Section 8/MSHDA certified, and all 5 units are 100% occupied with three 2-year contracts. HAP Contracts available upon request. Tenants pay all utilities. Low maintenance. Low taxes at around $500 annually, and low insurance at only $4,636 annually. Each unit has own private entry. Close proximity to parks, schools, supermarkets, transportation, and freeways. Only 5 miles from Downtown. Call Jessica for inquires.

Essential Information

MLS#219021002 | Neighborhood: SEYMOUR & TROESTERS MICHIGAN AVE (PLATS) | School District: Detroit | County: Wayne

Property Features

Architecture: 2 Story | Sewer: Sewer at Street | Directions: From 8 Mile Go South On Livernois To W. Warren Ave, West On Warren Ave To Proctor, South On Proctor To Property

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