9611 Otsego StDetroit, MI 48204

Property Details for 9611 Otsego St

Year built

1923

Property size (Sq ft)

2,980 SF

Property type

Residential income homes

Description

This exceptional investment opportunity presents a two-unit multifamily property located at 9611 Otsego St, Detroit, MI 48204. Built in 1923, this two-story building boasts a total of 2,980 square feet, offering ample space for tenants. Each unit is priced at $30,000, resulting in a total asking price of $60,000. This translates to a price per square foot of $20.13, representing a compelling value in the current market. The property is situated in a desirable Detroit suburb, providing convenient access to city amenities while offering tenants the appeal of suburban living. This income-producing asset is designed to generate consistent rental income, making it an attractive addition to any investment portfolio. The property is being sold as-is, subject to land bank terms, which may offer unique investment incentives and benefits. Potential buyers are responsible for verifying all information and obtaining necessary city certifications where applicable. The seller will utilize their preferred title company for both buyer and seller sides. The property's parcel number is 14007270.

Location Insight

City

Detroit

County

Wayne

State

Michigan

Latitude

42.3707

Longitude

-83.1252

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