6330 Midland Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48238
Key Details
Property Type Multi-Family
Sub Type Common Entry Building
Listing Status Active
Purchase Type For Sale
Square Footage 12,879 sqft
Price per Sqft $112
Subdivision Aston & Gittins Sub (Plats)
MLS Listing ID 20250004800
Style Common Entry Building
Bedrooms 21
Full Baths 22
Originating Board Realcomp II Ltd
Year Built 1927
Annual Tax Amount $6,104
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 60.00 x 126.00
Property Sub-Type Common Entry Building
Property Description
Well maintained multi family asset in University District, only 10 minutes from downtown Detroit! All units are subsidized under Section 8 program with an average rental rate of $1,161. Gross rent collection in 2024 of $195k+ with 2024 NOI $110k+. All major Capex completed (roof, windows, boiler, hot water tank, electrical, and plumbing). Currently two down units which provides the new buyer the
opportunity to add additional revenue along with adding laundry.
Location
State MI
County Wayne
Area Det 6-Tire - Grnfld - Livernois
Zoning Multi-Family
Direction N of Lodge Freeway and W of Livernois Enter On Corner Of Livernois & Midland
Rooms
Basement Unfinished,Common
Interior
Hot Water Natural Gas
Heating Radiant
Fireplace no
Heat Source Natural Gas
Exterior
Road Frontage Paved
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Common Entry Building
Level or Stories 3 Story
Structure Type Brick
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID W16I007298S
Ownership Short Sale - No,Private Owned
Assessment Amount $100
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional