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About This Home

This 0-bedroom, 0-bathroom commercial at 20810 W Chicago Street in Detroit, MI is listed for $605,000 ($78 per sqft). Built in 1948, the home offers 7,796 sqft of living space on a 0.20 acres lot.

Agent Description

Discover this well-maintained 11-unit apartment building located in the heart of Detroit. The property features 4 spacious two-bedroom units and 7 comfortable one-bedroom units, offering a versatile mix to attract a wide range of tenants.

Strong Occupancy: 9 of 11 units currently leased, providing immediate cash flow.

Tenant-Paid Utilities: Each unit is separately metered for electric, with tenants responsible for their own usage.

Landlord-Paid Water: Simplifies utility management for residents.

Investment Potential: Opportunity to increase income with two vacant units ready for new tenants or updates.

This property is ideal for an investor seeking a stable, income-producing asset with room for growth. Conveniently located near major roads, schools, and amenities, this building offers both short- and long-term upside potential in Detroit’s rental market.

*Showings by appointments by only.

Key Features

  • Built in 1948
  • 0.20 acre lot
  • 2 stories

Property Details

2 stories
1948

Monthly Cost Estimate

$3,236/mo

20% down · 6.5% · 30 years

Principal$438
Interest$2,622
Insurance$176

Estimates only. Actual payments may vary.

Location

20810 W Chicago Street

Detroit, MI 48228

Western Rouge Park

Property Details

Construction

Brick

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 20810 W Chicago Street is listed at $605,000 ($78/sqft). The estimated monthly payment is $2,622 based on 20% down at 6.5% interest.

Key features include: Built in 1948, 0.20 acre lot, 2 stories.

This property is listed by Kestiny Todd and can be reached at 8885017085 or kestinytodd@yahoo.com.

KT

Kestiny Todd

Agent at EXP Realty Main

(888) 501-7085

Listed by EXP Realty Main · View on Broker Site

MLS# 20251030310· Source: listhub· Updated 280 days ago

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20810 W Chicago Street, Detroit, MI 48228

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