




12927 Plymouth Rd, Detroit, MI, 48227
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.
Getting Around
Schools
Construction
Condition
- Year built: 1955
Materials
- Foundation: Slab
- Roof: Asphalt
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 11
- Bathrooms: 2
- Full bathrooms: 10
Features
- Finished area above ground: 4,467
Heating & Cooling
- Heating features: Baseboard,Electric
- Cooling features: Wall Units
Interior Area
- Total interior livable area: 4,467 sqft
Property
Details
- Parcel number: W22I004864C9
- Zoning description: MultiFamily
- Special condition: Short Sale No,Standard
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Lot size: 0.28 Acres
- Lot size dimensions: 120 x 100
