Renovated 40-unit brick apartment complex (four 2-story connected buildings with 10 units in each building). There are 36 1-bed 1-bath and 4 2-bed 1-bath situated on a 27,007 sf site. Current occupancy 80%. Nice curb appeal high demand building near Dearborn. Two Boilers and roof updated, environmental clear, rear parking lot for tenants, security system. Property manager in place keep or self-manage. Ideal opportunity for cash buyer or bank financing. Can be sold as a package with 3 other apartment complexes!
Property Details
Price:
$2,800,000
MLS #:
58050188314
Status:
Active
Beds:
44
Baths:
44
Address:
8207 Schaefer
Type:
Single Family
Subtype:
Multi Family
Subdivision:
ESPER GARDENS
Neighborhood:
05042det6tiregrnfldlivernois
City:
Detroit
Listed Date:
Sep 12, 2025
State:
MI
Finished Sq Ft:
28,406
ZIP:
48228
Year Built:
1957
See this Listing
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…
More About AndreaMortgage Calculator
Schools
School District:
Detroit
Interior
Bathrooms
36 Full Bathrooms, 8 Half Bathrooms
Heating
Natural Gas, Separate Meters, Steam
Exterior
Financial
Taxes
$64,580
Map
Community
- Address8207 Schaefer Detroit MI
- SubdivisionESPER GARDENS
- CityDetroit
- CountyWayne
- Zip Code48228
Similar Listings Nearby
8207 Schaefer
Detroit, MI
LIGHTBOX-IMAGES
