9250 Genessee St Detroit, MI 48206
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.