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12927 Plymouth, Detroit, MI 48227

Detroit
Local realty services provided by:CENTURY 21 Northland
12927 Plymouth,Detroit, MI 48227
$499,000
  • - Beds
  • 10 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: behzad bokani
Office: re/max dream properties
MLS#:60974364
Source:MI_REALSOURCE

Price summary

  • Price:$499,000

About this home

INVESTORS: Cash-flow from day one with this high-performing 10-unit apartment building at 12927 Plymouth Rd, priced to move at $550,000! Currently fully leased and generating $6,000/month in actual rent, this asset delivers an impressive 8%+ Cap Rate with additional room to grow. This rare deal also includes two adjacent vacant parking lots,12913 Plymouth Rd and 12901 Plymouth Rd ( Fenced parking lot ), offering massive value for tenant parking or future development . The property features a low-maintenance brick exterior and gated courtyard, making it a perfect addition to any portfolio. Tenants pay their own electric bills, including for the electric baseboard heat. Please do not disturb tenants. Buyer and buyer's agent to verify all information; room measurements are approximate. Property is being sold AS-IS. No virtual showings. All buyers must be accompanied by a licensed real estate agent. A signed NDA and POF/Pre-Approval Letter are required to receive the full Rent Roll.

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Home facts

  • Year built:1955
  • Subdivision & Development:Coon Ave Heights Sub
  • Listing ID #:60974364
  • Added:237 day(s) ago
  • Updated:October 30, 2026 at 10:40 AM

Rooms and interior

  • Total bathrooms:10
  • Full bathrooms:10

Heating and cooling

  • Cooling:Wall/Window A/C
  • Heating:Baseboard, Electric Heat

Structure and exterior

  • Year built:1955
  • Lot area:0.28 Acres
  • Construction Materials:Brick
  • Foundation Description:Slab
  • Levels:1 Story

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$499,000
  • Tax amount:$8,378
MLS LogoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. MI_REALSOURCE Member Broker: Brad Platt

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