BEDS0
BATHS9 full
SQUARE FEET6,000
MLS#20261057305
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONC B Sherrard Sub
SCHOOLDetroit
Property Description
9-Unit Brick Asset | East Detroit / Grosse Pointe Park Border Acquire at a Detroit basis with immediate Grosse Pointe Park demand. Located on a prominent hard corner (Vernor Hwy & Ashland St), this durable 1925 brick building offers a mid-repositioning opportunity with reliable cash flow and clear upside. Key Investment Highlights Fully Occupied: Stable, turn-key income in place today (6 of 9 units are Section 8). Prime Border Location: High visibility, strong traffic counts, and spillover demand from neighboring Grosse Pointe Park. Value-Add Upside: Mid-repositioning asset with significant opportunity to mark rents to market on turnover. Favorable Terms: Located in FEMA Flood Zone X (lower insurance costs, cleaner financing). Strategic Access: Minutes from Mack Ave retail, Alter Rd, and Downtown Detroit. East-side corridor assets this close to the Pointes move quickly.
Property Features
Property Type: Multi Unit - Multiple
Basement: Partially Finished
Fuel Type: Natural Gas
Heating: Forced Air
Home Style: Upper/Lower Apartment
Lot Size: 0.07 Acres
Year Built: 1925
Feature Descriptions
Architecture: Upper/Lower Apartment
Days on Site: 5
Exterior: Brick
Foundation: Basement
Interior: 220 Volts, Circuit Breakers
Lot Dimensions: 0.07 Acre(s)
Lower Level Finished Sqft: 1000
Road Frontage: Paved
Summer Tax: $9998.0000
Water Heater: High-Efficiency/Sealed Water Heater, Natural Gas
Winter Tax: $12143.0000
Year Remoldeled: 2023
Local Schools
School District: Detroit
Listed By / Shown By
Listed By
Agency Name: Black Diamond Realty
Agency Phone: (313) 612-3277
Shown By
Agent Name: Danielle Strickler
Agent Phone: (419) 290-9674
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 4,119.77 per month $3,915.60 Principal & Interest $0.00 Property Tax (data not provided by mls) $204.17 Homeowner's Insurance
14800 E Vernor Highway | MLS# 20261057305
This multi-family property located at 14800 E Vernor Highway , Detroit, MI 48215 is currently listed for sale with an asking price of $700,000. E Vernor Highway is located within the Detroit school district. Search Detroit real estate on www.danielle-realty.com today.