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Property profile & analytics
OFF-MARKET
Residential income homes

9250 Genessee St Detroit, MI 48206

3,524 SF Built 1924
Property ID
US43-4930966
Property summary
AI-generated overview

This exceptional investment opportunity presents a two-unit multifamily property located at 9250 Genessee St, Detroit, MI 48206. The property, built in 1924, boasts a total of 3,524 square feet across two stories. Each unit offers a significant return on investment, with an asking price of $70,000, translating to $35,000 per unit and a price per square foot of $19.86. The property's location in Detroit, Wayne County, offers strong rental potential. The property's assessed parcel number (APN) is 12005621. This is a turnkey investment opportunity for savvy investors seeking a profitable addition to their portfolio. Buyers are responsible for verifying all information and obtaining necessary city certifications where applicable. The seller will utilize their preferred title company for both buyer and seller sides. A home warranty, if purchased by the seller, will be obtained through the listing agent. All showings require accompaniment by a licensed agent.

Property profile
Verified
Property type Residential income homes
Year built 1924
Total area 3,524 SF
APN 12005621.
UPID US43-4930966
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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