MI > Detroit > More Than One Sub Involved
Detroit, MI 48213,8525 Maxwell Street
Detroit, MI 48213,8525 Maxwell Street
Detroit, MI 48213,8525 Maxwell Street
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$550,000
Est. payment /mo
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14 Beds
14 Baths
8,036 SqFt
New

8525 Maxwell Street Detroit, MI 48213

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Carrie Thompson

Carrie Thompson

+1(810) 893-3269

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Common Entry Building

Listing Status Active

Purchase Type For Sale

Square Footage 8,036 sqft

Price per Sqft $68

Subdivision More Than One Sub Involved

MLS Listing ID 20251028912

Style Common Entry Building

Bedrooms 14

Full Baths 14

Year Built 1927

Annual Tax Amount $30,249

Lot Size 0.270 Acres

Acres 0.27

Lot Dimensions 244.14X47.73

Property Sub-Type Common Entry Building

Source Realcomp II Ltd

Property Description

Opportunity awaits with this solid brick 14-unit multifamily building located on Detroit's east side. The property was recently foreclosed on by a hard money lender and is being sold as-is. 14 units, two story brick, currently tenant-occupied (lease/rent roll status unknown). Buyer should expect potential evictions or tenant turnover after purchase. Strong rental demand in the area with upside for stabilized cash flow after repositioning. Close to major freeways, local schools, and neighborhood redevelopment activity. This is a value-add investment opportunity for an experienced investor or property manager who can stabilize the building and maximize its long-term potential.

Location

State MI

County Wayne

Area Det: 6-Mack I75-Conner

Zoning Multi-Family,Residential

Direction S of Harper / E of Van Dyke

Interior

Heating Steam

Fireplace no

Heat Source Natural Gas

Exterior

Road Frontage Paved

Garage no

Private Pool No

Building

Foundation Crawl

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Common Entry Building

Level or Stories 2 Story

Structure Type Brick

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID W17I008486S

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Realcomp MLS
©2025 Realcomp II Ltd. Shareholders
Listed by J'Donovan Smith of Golden Key Realty Group LLC

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agent

Carrie Thompson

Digital Marketing Realtor | License ID: 6501338662

+1(810) 893-3269

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8525 Maxwell Street