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$ 269,900
Est. payment /mo
Active
11514 Morang Drive Detroit, MI 48224
7 Baths
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20251009937
HOA Y/N true
Year Built 1966
Annual Tax Amount $16,328
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 60X100
Source Realcomp
Property Description
BACK ON MARKET : Discover an exceptional investment opportunity with this 7-unit property, each featuring 1 bedroom and 1 bathroom—all poised for a full rehab to unlock strong cash flow potential. Perfect for investors ready to create long-term value, this solidly built multi-family property offers the chance to renovate and maximize rental income in a convenient Detroit neighborhood.Each unit is designed with functionality in mind, offering efficient layouts that make the most of every square foot. The building's full common basement provides additional space with storage lockers for all tenants, adding valuable amenities and attracting quality renters.This location is ideal for future tenants, situated close to everyday essentials, schools, parks, and major thoroughfares. The property is a short distance from neighborhood shopping, dining options, and outdoor recreation, making it highly attractive for anyone looking for comfort and convenience.Easy access to public transportation and main roads means effortless commutes for tenants working in downtown Detroit or the surrounding business districts. The neighborhood appeal, paired with high rental demand, ensures your investment will be positioned for steady occupancy and growing returns.Bring your vision and transform this 7-unit property into a profitable asset. Whether you are an experienced investor or just starting out, this is your chance to add a value-driven property to your portfolio, take advantage of Detroit's rental market, and achieve real cash flow.Contact the agent today for more information or to schedule a private tour. Don't miss this rare opportunity to invest, rehab, and create lasting value in a sought-after location.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Commercial,Multi-Family,M
Direction Morang and Cadieux
Interior
Heating Forced Air
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID 210765124
Acceptable Financing Cash, Conventional, Land Contract
Listing Terms Cash, Conventional, Land Contract
Listed by JNA Real Estate
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