14534 LAPPIN Street

14534 LAPPIN Street

Detroit, Michigan 48205

3 Beds | 1.00 Baths | 1190 sq.ft. | Built 1927 | Residential

Active $70,000

A turnkey investment opportunity in Detroit awaits you! *This tenant-occupied 7-property 12-unit portfolio offers a 14.30% cap rate on current rents, with upside from rent increases due on many units. Properties included: 14570 Lappin, 14988 Lappin, 14258 Lappin, 14534 Lappin, 14845 Maddelein, 14465 Maddelein, and 15030 Rossini. *** Tenant-occupied homes please do not approach the properties or disturb tenants. Viewing/inspection upon signed LOI.
  • 14534 LAPPIN Street, Detroit Michigan:

Essential Information

MLS#20230081051 | Neighborhood: GRATIOT AMERICAN PARK | School District: Detroit | County: Wayne

Property Features

Architecture: 1 1/2 Story | Heating: Forced Air | Garage: Yes | #Garage/Parking Spaces: 2 Car | Sewer: Public Sewer (Sewer-Sanitary) | Directions: E of Gratiot/N of 7 Mile

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