East English Village. Desirable building has (5) 1 bedroom units conveniently located off Warren Avenue in a quiet neighborhood with lots of character. Hardwood floors and original crown moldings throughout the units. Paved off street parking in the backyard. Refrigerators and stoves included. Coin operated washer and dryer in laundry facility located in the garden/basement level. Building has a total of 4 levels: Garden(Basement), Main Level, Upstairs Level, and a Loft currently unfinsihed as a walk up attic which has potential to build out a 6th unit. Perfect opportunity for a buyer to owner occupy or convert building to use as short term Airbnb or VRBO. Rents for each each are as follows: Apt #1S @ $952 (voucher), Apt #1N @ $750 (voucher), Apt #2N @ $848 (voucher), Apt #2S @ $848 (voucher), and Apt #B @ $520 (cash tenant). All units have HUD vouchers with the exception of apartment #B which is a long term cash tenant. Tenants pay electric and cooking gas for each apartment. Owner pays gas for boiler to heat building and water. Historical financials, income, and expenses are available upon accepted offer.
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Listing Agent: David H Brooks III
Listing Office: Detroit Real Estate Advisors, LLC