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7720 Pitt St
Detroit, MI 48209 Springwells

$1,750,000 USD

Apartments For Sale • 53,000 SF

Property Details

Property Type Apartments
Total Building Size 53,000 SF
Lot Size 0.63 AC
Building Class B
Year Built 1926
Cap Rate 10.15 %
Zoning R3

37 Transit Score

73 Walk Score

                
                    Highlights
                
                                50-unit apartment community with a mix of one and two-bedroom units
                            
                                95% occupancy rate, offering stable cash flow
                            
                                Three units ready for renovation, providing immediate investment opportunities

Property Flyers

Pitt Central Manor - 50 Units - OM

Cap Rate:

10.15 %

Amenities

Air Conditioning
Cable Ready
Heating
Ceiling Fans
Kitchen
Hardwood Floors
Refrigerator
Oven
Tub/Shower
Carpet
Basement
Dining Room
Family Room
Garden
Handrails
Lawn

Vincent Mazzola 313-704-2678 O'Connor Real Estate

7720 Pitt St Detroit, MI 48209 Springwells

$1,750,000 USD

Property Details

Highlights

Property Flyers

Amenities

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7720 Pitt St
Detroit, MI 48209 Springwells