11765 GLENFIELD ST Detroit, MI 48213
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 8,680 sqft
Price per Sqft $123
Subdivision Alfred Trombleys Ideal Sub (Plats)
MLS Listing ID 20250024421
Style CommonEntryBuilding
Full Baths 14
Year Built 1930
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type MultiFamily
Property Description
Strategically located directly behind the Detroit Police Department's 9th Precinct, the property benefits from exceptional built-in security. Just steps from Gratiot Ave, residents enjoy easy access to public transportation, shopping, restaurants, and everyday amenities, along with quick connectivity to Downtown Detroit.
An added bonus: an adjacent side lot is available through the City, ideal for future development, additional parking, or expanded outdoor space.
Currently, 12 out of 14 units are leased, generating $14,200 per month in rent plus an additional $400 in water reimbursement for a total monthly income of $14,600. Current owner is netting $135,840 annually. A previous appraisal came in at $1.15M, with the full report uploaded in the documents for review.
Don't miss this exceptional value—secure this fully modernized, income-producing multifamily building while it's still available. opportunity in a growing area!
Location
State MI
County Wayne
Area Area05054Det8Togratiothoustonto7
Rooms
Basement Unfinished
Interior
Heating ForcedAir, NaturalGas
Cooling CentralAir
Fireplace No
Exterior
Pool None
View Y/N No
Building
Foundation Basement, BrickMortar
Sewer PublicSewer
Water Public
New Construction No
Schools
High Schools Detroit
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
Pets Allowed Call
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