Stempien & Associates with Remerica United Realty
Denise Stempien, Stempien & Associates with Remerica United RealtyPhone: (734) 658-4389
Email: [email protected]

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listing
1 of 4
MultifamilyFor Sale
$2,275,000
18336 Jefferson
Riverview, MI 48193
Listed by: Keller Williams Somerset, (248) 649-7200
MLS: Realcomp II Ltd
7Baths
1,720Sq Ft
Est. Mortgage
$11,843/mo

GREAT INVESTMENT OPPORTUNITY!! 18336 Jefferson is a multi-family property that has seven units all rented on month to month leases generating $3,340 per month! Annual NOI on this property is over $25,000. Only sold as a package with seven other properties. Cap rate on all properties is over 15% ! This is a truly unique, cash cow investment deal: Annual NOI over $300,000 ! Seller is retiring and you can take advantage of instant cash flow. Over 50 tenants in place across all properties. ALL properties are city certified and approved C of O in hand! Reach out for more info!

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IDX provided courtesy of Realcomp II Ltd. via Denise Stempien and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders. Information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.
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