2
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$1,450,000
Est. payment /mo
12,910 SqFt
New
20520 Plymouth Road Detroit, MI 48228
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 12,910 sqft
Price per Sqft $112
MLS Listing ID 20261080985
Year Built 1967
Annual Tax Amount $36,009
Lot Size 0.420 Acres
Acres 0.42
Lot Dimensions 146x125
Source Realcomp
Property Description
This property combines strong in-place income with the opportunity to increase value through lease-up and future rental growth. Its recent renovations significantly reduce near-term capital expenditure concerns, making it an excellent addition to any investment portfolio.Whether you're expanding your multifamily holdings or completing a 1031 exchange, this is an opportunity worth a closer look. Complete renovation 2024, new roof 2019. Immediate cash flow. Around a 7% cap currently.
Location
State MI
County Wayne
Zoning Commercial,Multi-Family
Direction north side of Plymouth between Evergreen and Telegraph
Rooms
Basement Basement
Exterior
View Y/N No
Building
Foundation Block
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W22I005582S
Listed by RE/MAX Team 2000
NEARBY SCHOOL & BUSINESS
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