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19199 Lahser Rd Detroit, MI 48219

For Sale
$1,200,000

Renovated 18-unit apartment complex, 100% occupied, Section 8 leases.

Lot size:
0.37 Acres

Property Features for 19199 Lahser Rd

General Information

Lot size
0.37 Acres

Building Details

Year built
1960

Source: Keller Williams Paint Creek Agent Justin Zehel

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Renovated 18-Unit Apartment Complex

This is a renovated low-rise garden-style 18-unit brick apartment complex. The complex features a secure entrance from the parking lot leading to a courtyard. The unit mix includes 12 one-bedroom, one-bathroom units and 6 two-bedroom, one-bathroom units. The property is situated on a 15,842 square foot site and offers curb appeal. The property is 100% occupied, with some leases involving Section 8. Updates include the boiler, roof, and windows. A parking lot is available for tenants. A property manager is currently in place, but the option for self-management exists. The property has been city certified and can be sold as a package with 3 other apartment complexes.
Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Detroit
County
Wayne
State
Michigan
Longitude
-83.258703
Latitude
42.430686

FAQs

What type of property is this?
Apartment building - Renovated 18-unit apartment complex, 100% occupied, Section 8 leases.
Where is this apartment building located?
The property is located at 19199 Lahser Rd Detroit, MI.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: - 100% Occupied with Section 8 Leases, providing consistent income.; - Renovated with updated boiler, roof, and windows.; - City Certified, indicating code compliance.
More about this property
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