$225,000
Est. payment /mo
2 Baths
2,266 SqFt
New
2910 Tuxedo Street Detroit, MI 48206 1126
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,266 sqft
Price per Sqft $99
Subdivision Mi
MLS Listing ID 60991318
Style 2 Story
Full Baths 2
Year Built 1923
Annual Tax Amount $4,638
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 34X125
Property Sub-Type Multi-Family
Property Description
Excellent multifamily investment opportunity in Detroit! 2910 Tuxedo offers strong income-producing potential with a spacious multi-unit layout and tenant-occupied stability. Currently generating reliable cash flow with cash-paying tenants at $950 per unit, this property offers an estimated 13% cap rate, making it an attractive addition to any investment portfolio. Ideal for investors seeking immediate rental income with long-term upside potential. Features solid rental appeal and convenient access to major freeways, shopping, schools, dining, and local amenities. A great opportunity for both seasoned and new investors looking for dependable income-producing assets in Detroit's growing rental market. Property is tenant occupied - please do not disturb tenants. Showings available with accepted offer or approved access only.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Multi-Family
Rooms
Basement Block
Interior
Heating Forced Air
Fireplace No
Exterior
Exterior Feature Brick
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Sonic Realty LLC
Nearby Locations
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