18625 Schoenherr ST Detroit MI 48205 MLS #58050170399

18625 Schoenherr ST
Detroit, MI, 48205
$699,900
8 Beds
8 Baths
5,054 SqFt
0.19 Acres
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Investor Special! Exceptional investment opportunity with strong, stabilized rents with a 15% cap rate. This package deal includes an 8-unit apartment building and a 12-unit apartment complex, totaling 20 units. 8-Unit Complex: Features updated windows and newer HVAC systems. 12-Unit Complex: Equipped with newer HVAC systems. All Units: 1-bedroom, 1-bathroom layouts in good condition. Heating: No boilers-each unit has a forced-air furnace. Ideal for first-time investors! Rent rolls and expense reports are available upon request. Serious buyers only. Other address included is 14103 Rochelle St, Detroit, MI 48205.

Property Details

Price:
$699,900
MLS #:
58050170399
Status:
Active
Beds:
8
Baths:
8
Address:
18625 Schoenherr ST
Type:
Single Family
Subtype:
Multi Family
Subdivision:
SCHOENHERRS HOME SUB
Neighborhood:
05054 – Det 8 To Gratiot/Houston To 7
City:
Detroit
Listed Date:
Apr 3, 2025
State:
MI
Finished Sq Ft:
5,054
ZIP:
48205
Year Built:
1965
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Andrea Stephan

Andrea Stephan

Realtor®

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

Bathrooms
8 Full Bathrooms
Heating
Forced Air, Natural Gas, Separate Meters

Exterior

Financial

Taxes
$5,637

Map

Community

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Courtesy of Keller Williams Paint Creek. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the . Detailed information about real estate listings held by brokerage firms other than Stephan Group Real Estate Team include the name of the listing broker. Neither the listing company nor Stephan Group Real Estate Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. . All rights reserved.
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18625 Schoenherr ST
Detroit, MI