Renovated 12-Unit Apartment
939 James St Wyandotte, MI 48192
New
For Sale
Contact for pricing
Pending
12-unit apartment building with recent improvements, majority unit renovations, and a resurfaced parking lot.
Days on Market4
Property Features for 939 James St
General Information
- Standard status
- Pending
- Property subtype
- Multifamily
Listing Agency:
Berkshire Hathaway Commercial Division Kee Realty
Listed By:
Craig Gonzalez · License #MI 6501281680
Source:
Crexi
Added: Jul 21
Changed: Jul 23
Last Checked: Jul 23 at 4:00AM
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 Berkshire Hathaway Commercial Division Kee Realty
Investment Insights
Based on property information with market context.
This 12-unit apartment building is presented as a complete package for an owner/investor. The property has a completed Certificate of Occupancy dated 11/30/22. In 2022, the owner put $50,000 into improvements. Per the seller’s remarks, the majority of the units have been renovated with new cabinets and countertops, and the parking lot has been resurfaced. The property is managed by a third party, and the remarks note the current management is not operating efficiently.
The building is located at 939 James St in Wyandotte, MI in an established area. The seller states rents are under the market average, citing $680 per month versus $800 per month at market rates. The remarks also indicate long leases and a stable rental market.
As currently presented, this multifamily asset combines recent updates with an existing in-place rental profile across all 12 units.
The building is located at 939 James St in Wyandotte, MI in an established area. The seller states rents are under the market average, citing $680 per month versus $800 per month at market rates. The remarks also indicate long leases and a stable rental market.
As currently presented, this multifamily asset combines recent updates with an existing in-place rental profile across all 12 units.
Key Highlights
- 12‑unit apartment building with completed Certificate of Occupancy dated 11/30/22
- Owner invested $50,000 in improvements in 2022
- Majority of the 12 units renovated with new cabinets and countertops
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - 12-unit apartment building with recent improvements, majority unit renovations, and a resurfaced parking lot.
Where is this apartment building located?
The property is located at 939 James St Wyandotte, MI.
What are key features of this property?
This property features: 12‑unit apartment building with completed Certificate of Occupancy dated 11/30/22; Owner invested $50,000 in improvements in 2022; Majority of the 12 units renovated with new cabinets and countertops
