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About This Home
This 8-bedroom, 8-bathroom residential multi family at 11744 Cascade Street in Detroit, MI is listed for $500,000 ($148 per sqft). Built in 1930, the home offers 3,370 sqft of living space on a 0.07 acres lot.
Eight 1-bedroom units ideally positioned near Wayne State University, Detroit Medical Center, and Midtown, prime territory for student and workforce housing demand.. Projected gross income of $76,800/year at market rents.. Brick construction, forced air heat, public water/sewer.
Minutes from Downtown Detroit, major freeways, restaurants, and local amenities. Cash or conventional financing only. Do not disturb tenants. Call for appointment, At $800/month per unit, projected gross income of $76,800/year with a potential cap rate exceeding 9% at list price
Key Features
- Built in 1930
- 0.07 acre lot
- 3 stories
Property Details
Monthly Cost Estimate
$2,674/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
11744 Cascade Street
Detroit, MI 48204
Mc Quades Heights
Property Details
Construction
Heating
Questions & Answers
This 8-bedroom, 8-bathroom residential multi family at 11744 Cascade Street is listed at $500,000 ($148/sqft). The estimated monthly payment is $2,167 based on 20% down at 6.5% interest.
Key features include: Built in 1930, 0.07 acre lot, 3 stories.
This property is listed by Paris Laurent and can be reached at (313) 277-7777 or parislaurent@icloud.com.
