2255 Webb, MI

$5,480,000

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About 2255 Webb

PRICE REDUCED TO SELL!! CALLING ALL INVESTORS!! This Russell Woods apartment complex has 156 units and is an ADD VALUE INVESTMENT/OPPORTUNITY!! 50% occupied! 100 one bed/one bath and 56 two beds/one bath units. Occupied units are in great condition. Vacant units just need turned and rented. This complex is made up of 28 buildings on one plot of land! Rare find. Fenced property. Some of the roofs have been updated/replaced. All of the windows have been updated to vinyl. 48 of the units are on boiler heat and the rest of the 108 units are individually furnaced. Great mix! Good rents. Located in the great Russell Woods Community of Detroit! This will be a cash cow once units are turned and fully occupied! Seller is open to seller financing with 50% down, seller must be in first position.

Features of 2255 Webb

MLS® # A11865994
Price $5,480,000
Bathrooms 0.00
Acres 0.00
Type Commercial
Sub-Type Multi Family
Status Active

Community Information

Address 2255 Webb
Area 5960 US not Florida
County Other
State MI
Zip Code 48206
HOPA No Hopa

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Wall Furnace
Fireplace No

Listing Details

OfficeKeller Williams Eagle Realty

Listing Map

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