6-Unit Apartment
For Sale
Contact for pricing
Pending
64 New St, Mount Clemens, MI 48043
Fully occupied multifamily property with updated interiors, contemporary appliances, and parking lease income.
Property SizeContact for details
Days on Market141
Property Features for 64 New St
General Information
Standard status
Pending
Property subtype
Multifamily
Occupancy
100%
Additional Details
Cap Rate
8.39%
Multifamily Units
6
Listing Agency:
AMC Real Estate
Listed By:
Angelo Iacobelli · License #MI 6501442625
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 4:17PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of AMC Real Estate
Investment Insights
Based on property information with market context.
This six-unit apartment property at 64 New St in Mount Clemens, Michigan, is fully occupied and includes premium finishes and modern appliances. The building generates additional income through parking leases and carries an 8.39% cap rate.
The property is located near downtown Mount Clemens. The site has approval for development of an additional five units, providing an established expansion component within the existing property plan.
The property is located near downtown Mount Clemens. The site has approval for development of an additional five units, providing an established expansion component within the existing property plan.
Key Highlights
- 6‑unit apartment building at 64 New St, Mount Clemens, MI 48043
- 100% occupied
- 8.39% cap rate
Property Analytics
Current Use
Lease Details
6
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,312
Businesses Nearby
Explore this area
Business Placement
Demographics for 48043, MI
15,665
Population
7,059
Households
2.2
Avg Household Size
41
Median Age
18%
College-Educated
88%
High-School Grad
4.1 sq mi
ZIP Area
3,821
Density / Sq Mi
$57,315
Median Household Income
$37,683
Median Earnings
$896
Median Rent
$169,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied multifamily property with updated interiors, contemporary appliances, and parking lease income.
Where is this apartment building located?
The property is located at 64 New St Mount Clemens, MI.
What are key features of this property?
This property features: 6‑unit apartment building at 64 New St, Mount Clemens, MI 48043; 100% occupied; 8.39% cap rate
