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3447-3471 Ewald Cir Detroit, MI 48238

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For Sale
Contact for pricing

Eight-unit Detroit apartment building, excellent ROI.

Property size:
6,872 SF

Property Features for 3447-3471 Ewald Cir

General Information

Property type
Multifamily properties
Square Feet
6,872 SF

Building Details

Year Built
1952
Units
8

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Listing Contact
Andrew Battersby
Andrew Battersby

Listing Agency: Thomas Duke Company Listing Agent: Andrew Battersby

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

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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

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Accounting Firm

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

Location Insight

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City
Detroit
County
Wayne
State
Michigan
Longitude
-83.1380955
Latitude
42.3997016

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.
(248) 476-3700 Call to check price and availability
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