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18250 WEAVER Street, Detroit, MI 48228

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For Sale

$2,499,000

40 baths • 19,557 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $127.78
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Turnkey 40-Unit Multifamily Opportunity | 12 14% Cap Rate Potential | Prime Detroit Location Fully remodeled 40-unit multifamily asset ideally located in the heart of Detroit, just minutes from major shopping districts and directly adjacent to the highly sought-after Dearborn Heights community. This property has undergone a full transformation modernized units, updated mechanicals, and refreshed common areas making it a truly turnkey opportunity. With projected annual revenue of approximately $480,000, this property offers investors a potential 12 14% cap rate upon stabilization. Lightly occupied post-renovation with strong tenant interest already in motion. Seller is ready to hand off this high-yield investment to a new owner ready to capitalize on rising demand and long-term wealth creation through lease-up and management.
MLS# 20250033930

Courtesy Of Golden Key Realty Group LLC
1120 E Long Lake Rd, Troy, MI 48085
(248) 422-6962

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Colonial
  • Exterior Type
    Brick, Brick Veneer
  • Heating System
    Space Heater
  • Lot Size
    0.89 Acres

Map and Directions

Directions to 18250 WEAVER Street, Detroit, MI 48228

Home seller CENTURY 21 Curran & Oberski

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Curran & Oberski

(313) 274-7200
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
    $0
  • Private Mortgage Insurance
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  • HOA Dues
    $0
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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