3447-3471 Ewald Cir Detroit, MI 48238
Call to check price and availability
Eight-unit Detroit apartment building, excellent ROI.
Property size:
6,872 SFProperty Features for 3447-3471 Ewald Cir
General Information
- Property type
- Multifamily properties
- Square Feet
- 6,872 SF
Building Details
- Year Built
- 1952
- Units
- 8
Listing Agency: Thomas Duke Company Listing Agent: Andrew Battersby
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents an eight-unit townhome-style apartment building located at 3447-3471 Ewald Circle in Detroit, Michigan, 48238. The property, boasting a total of 6,872 square feet, is zoned R3 and features eight two-bedroom units, each with its own private entry. Built in 1952, this multifamily property has undergone significant capital improvements within the past three years, enhancing its value and appeal. The asking price is $595,000, translating to an attractive price per unit of $74,375. Financial details are available upon request. A certificate of compliance is readily accessible for prospective buyers. The property's location in Wayne County offers convenient access to various amenities and transportation routes. Seller financing is being considered, making this an even more compelling proposition for investors seeking a strong return on investment. The property's APN is 16-0238618. This is a rare chance to acquire a well-maintained, cash-flowing multifamily property in a growing Detroit market.
Property Profile
Location Intelligence
Current Use by Public Records
Commercial real estate
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.1380955
- Latitude
- 42.3997016
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - Eight-unit Detroit apartment building, excellent ROI.
Where is this multifamily property located?
The property is located at 3447-3471 Ewald Cir Detroit, MI.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Eight-unit townhome complex.; All units feature two bedrooms and private entrances.; Significant capital improvements completed within the last three years.