12927 Plymouth Road

About this home

INVESTORS: Cash-flow from day one with this high-performing 10-unit apartment building at 12927 Plymouth Rd, priced to move at $550,000! Currently fully leased and generating $6,000/month in actual rent, this asset delivers an impressive 8%+ Cap Rate with additional room to grow. This rare deal also includes two adjacent vacant parking lots,12913 Plymouth Rd and 12901 Plymouth Rd ( Fenced parking lot ), offering massive value for tenant parking or future development . The property features a low-maintenance brick exterior and gated courtyard, making it a perfect addition to any portfolio. Tenants pay their own electric bills, including for the electric baseboard heat. Please do not disturb tenants. Buyer and buyer’s agent to verify all information; room measurements are approximate. Property is being sold AS-IS. No virtual showings. All buyers must be accompanied by a licensed real estate agent. A signed NDA and POF/Pre-Approval Letter are required to receive the full Rent Roll.

Interior

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes when listed. Ask us for a lender quote.

Location

Similar homes in Detroit

$360,000

3 bd · 1.5 ba · 1,400 sqft

1344 Nicolet Place, Detroit

Listing courtesy of O'Connor Realty Detroit, LLC

$499,000

4 bd · 2.5 ba · 2,379 sqft

1794 Seyburn Street, Detroit

Listing courtesy of Max Broock, REALTORS®-Detroit

$420,000

3 bd · 2.5 ba · 3,870 sqft

594 Fiske Drive, Detroit

Listing courtesy of Keller Williams Advantage

$595,000

2 bd · 2.5 ba · 2,030 sqft

2037 11th Street #10, Detroit

Listing courtesy of Crain Homes

$364,900

5 bd · 3.5 ba · 3,500 sqft

1476 Seyburn Street, Detroit

Listing courtesy of @properties Christie's Int'l R.E. Detroit

$500,000

3 bd · 2 ba · 1,726 sqft

525 W Lafayette Boulevard #1801 Garfield St, Detroit

Listing courtesy of EXP Realty Main

See all Detroit homes for sale →