13535 La Salle Boulevard
Detroit, MI 48238
- – beds
- 19 baths
- 11,075 sqft
- 8,276 sqft lot
- $90 per sqft
- 1929 build
- – on site
Rare opportunity on this Value Add Multi Family comprised of 19 units. Full brick well maintained building in the heart of Detroit. All units have been renovated. Unit mix consists of (14) one bedroom units, (1) two bedroom units ,(4) studio units. Strong financials with a projected 11% cap rate with all 19 units rehabbed. Each hallway and common areas are updated. Each unit has its own electric meter, Plenty of crucial upgrades completed including new boiler, common area and unit renovations, and many other capital upgrades totaling 250,000. The exterior has been impeccably maintained with a newer Spanish clay tile roof on the building, newer windows, and parking available for tenants. All tenants are in great standing with management, and management is offering a one or two year transition management agreement to the new investor. Conveniently located near major highways making commuting to nearby landmarks such as Wayne State University and Downtown Detroit. Don't miss out on this amazing opportunity.
Last checked:
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Last updated Nov 20, 2024
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MLS# 20240087355 —
The Building
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Year Built:1929
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Year Remodeled:2024
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Construction Materials:Brick
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Roof Material:Rubber, Tile
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Architectural Style:Cape Cod, Victorian, Traditional
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Foundation:Block, Brick/Mortar
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Foundation Details:Basement
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Porch Type:Balcony
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# of Units Total:19
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Stories:3 Story
Interior
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Features:Smoke Alarm, Carbon Monoxide Alarm(s), Laundry Facility, Other, High Spd Internet Avail, Programmable Thermostat
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Basement:Yes
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Basement Type:Partially Finished, Walk-Up Access, Common Storage Locker, Common
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Fireplace:No
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Total:11,075 Sqft
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Total Combined:11,075 Sqft
Financial & Terms
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Land Contract:No
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Short Sale:No
Location
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Directions:Davison/96
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Directions From North South Detail:Davison/96
The Property
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Property Type:Multifamily
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Parcel Number:W10I008797S
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Exterior Features:Lighting, Private Entry, Fenced
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Zoning:Commercial, Multi-Family, Residential
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Homestead:No
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Lot Size Dimensions:76.00 x 110.00
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Lot Size Area:0.19
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Frontage Feet:76
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Pool:No
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Waterfront:No
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Road Frontage Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (313) 600-6189
- Office phone:
- (888) 501-7085
Taxes
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Total Taxes:$12,330
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Tax Amount Summer:$10,997
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Tax Amount Winter:$1,333
Baths
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Total Baths:19
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Full Baths:19
Heating & Cooling
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Cooling:Wall Unit(s)
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Heating:Radiant, Steam
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Heating Fuel:Natural Gas
Utilities
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Sewer:Public Sewer (Sewer-Sanitary)
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Water Source:Public (Municipal)
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Water Heater Fuel:Natural Gas
Appliances
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Laundry Facilities:Yes
Schools
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School District:Detroit
The Community
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Subdivision Name:ROBERT OAKMANS TWELFTH ST (PLATS)
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Pets Allowed:Cats OK, Number Limit, Size Limit, Yes
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Assessment:100.00
Parking
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Total Parking:25
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MF Parking:Lighted, On Street
Extra Units
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Unit Efficiency Number Of:4
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Unit One Bed Number Of:14
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Unit Two Bed Number Of:1
IDX provided courtesy of Realcomp II Ltd., via Estately and Realcomp II Ltd, © 2024 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2024 Realcomp II Ltd. Shareholders.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/20/24
Nov 20, 2024
|
Listed / Active | REALCOMP | $999,990 |
