10960 BALFOUR RD Detroit MI 48224 MLS #20240066922

10960 BALFOUR RD
Detroit, MI, 48224
$832,000
Beds
0 Baths
7,633 SqFt
0.26 Acres
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SUBMIT YOUR HIGHEST &BEST OFFER! Seller will review ALL offers. 10960 Balfour Road is an occupied and charming 16-unit multi-family apartment building located in the desirable Denby neighborhood on the northeast side of Detroit. Each of the 16 units features one bedroom and one bath, with approximately 450 square feet of living space. The property boasts a classic low-rise, mid-century-style courtyard design, complete with balconies and patios for outdoor enjoyment. Situated in a prime location, residents can easily access nearby Harper Woods, Grosse Pointe, East English Village, and Morning Side, with Downtown Detroit just a 20-minute commute away. This exceptional property presents a fantastic investment opportunity for owners and investors seeking attractive rental income potential. Buyer to verify all information (BATVAI).

Property Details

Price:
$832,000
MLS #:
20240066922
Status:
Active
Beds:
0
Baths:
0
Address:
10960 BALFOUR RD
Type:
Commercial
Subtype:
Real Estate Only
Subdivision:
COOPERS LEIGH G CADIEUX SEVEN MILE DRIVE
Neighborhood:
05055 – Det Con-Mors/Grat. Hstn/7 Mack
City:
Detroit
Listed Date:
Sep 6, 2024
State:
MI
Finished Sq Ft:
7,633
Total Sq Ft:
7,633
ZIP:
48224
Lot Size:
11,326 sqft / 0.26 acres (approx)
Year Built:
1957
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Meet Andrea Stephan, an accomplished real estate professional with industry experience and a heart dedicated to service. With a background in education, Andrea began her journey as a former teacher, where her passion for nurturing others blossomed. Transitioning seamlessly into the business world, Andrea played a pivotal role in building a property management company from the ground up. Her relentless dedication and innate ability to connect with others have been instrumental to her success. C…

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Schools

School District:
Detroit

Interior

Exterior

Construction Materials
Brick

Financial

Net Operating Income
$53,040
Taxes
$15,281

Map

Community

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