MI > Detroit > Robert Oakmans Twelfth St (Plats)
Detroit, MI 48238,13535 LA SALLE BLVD
Detroit, MI 48238,13535 LA SALLE BLVD
Detroit, MI 48238,13535 LA SALLE BLVD
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$899,990
Est. payment /mo
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19 Baths
11,075 SqFt
Active

13535 LA SALLE BLVD Detroit, MI 48238

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Ron Otto

Ron Otto

Motus Real Estate

+1(989) 370-1245

UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 11,075 sqft

Price per Sqft $81

Subdivision Robert Oakmans Twelfth St (Plats)

MLS Listing ID 20251019653

Style CapeCod,Traditional,Victorian

Full Baths 19

Year Built 1929

Property Sub-Type MultiFamily

Property Description

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 12.5%+ 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.

Location

State MI

County Wayne

Area Area05043Detlivernoisi756Gdriver

Rooms

Basement Common, CommonStorageLocker, PartiallyFinished, WalkUpAccess

Interior

Heating NaturalGas, Radiant, Steam

Cooling WallUnits

Laundry CommonArea, LaundryRoom

Exterior

Exterior Feature Lighting, PrivateEntrance

Parking Features Lighted, ParkingLot, OnStreet

Fence Fenced, FencingAllowed

Pool None

Utilities Available AboveGroundUtilities

View Y/N No

Roof Type Rubber, Tile

Garage false

Building

Foundation Basement, Block, BrickMortar

Sewer PublicSewer

Water Public

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Conventional, WarrantyDeed

Listing Terms Cash, Conventional, WarrantyDeed

Special Listing Condition ShortSaleNo, Standard

Realcomp MLS
©2025 Realcomp II Ltd. Shareholders
Listed by Jay Naim of EXP Realty Main

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Ron Otto

Ron Otto

Agent | License ID: 6501430575

+1(989) 370-1245

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13535 LA SALLE BLVD

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