18055 Schoenherr Street, Detroit, MI 48205
18055 Schoenherr Street, Detroit, MI 48205
18055 Schoenherr Street, Detroit, MI 48205
18055 Schoenherr Street, Detroit, MI 48205
18055 Schoenherr Street, Detroit, MI 48205
18055 Schoenherr Street, Detroit, MI 48205
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Jackie Jones Kapuscinski

Jackie Jones Kapuscinski

+1(419) 260-2806
$ 2,999,999
Est. payment | /mo

60 Baths

32,604 SqFt

Save
$ 2,999,999
Est. payment | /mo
Save

60 Baths

32,604 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 32,604 sqft

Price per Sqft $92

Subdivision Mi

MLS Listing ID 61001857

Full Baths 60

Year Built 1929

Annual Tax Amount $9,099

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 60X124.5

Property Sub-Type Multi-Family

Property Description

**Detroit Multifamily Portfolio – Portfolio Sale Only** Rare opportunity to acquire a portfolio of six multifamily properties in the City of Detroit. **All six properties are being sold together as a single portfolio package. The seller will not consider the sale of individual properties at this time.** The current owner/developer is located out of state and has decided to sell the entire portfolio rather than continue managing the project remotely. This package presents investors and developers with a unique opportunity to complete a large-scale multifamily redevelopment project with substantial upside potential. The portfolio includes: • **14299 Fordham Street** – Fully renovated and occupied. Currently operating as a single-room rental property featuring 62 rentable beds with rents ranging from **$450 to $595 per month per bed**. • **14296 Glenwood Street** – 20-unit apartment building approximately 50% rehabilitated. Rough electrical and plumbing work have been completed and approved. • **18036 Schoenherr Street** – 30-unit apartment building. Brick exterior, cleaned out, boarded, secured, and dried-in. • **18055 Schoenherr Street** – 20-unit apartment building. Brick exterior, cleaned out, boarded, secured, and dried-in. • **18029 Schoenherr Street** – 18-unit apartment building. Brick exterior, cleaned out, boarded, secured, and dried-in. • **10820 Schoolcraft Road** – 18-unit apartment building. Brick exterior, cleaned out, boarded, secured, and dried-in. The vacant properties have been cleaned out and secured, providing a strong foundation for investors looking to complete renovations and maximize long-term cash flow. With a combination of existing income and significant value-add potential, this portfolio offers a rare opportunity to acquire scale in one transaction. Proof of funds required prior to any showings. Please drive by the properties prior to requesting showings.

Location

State MI

County Wayne

Area Detroit (82001)

Zoning Multi-Family

Rooms

Basement Poured, Finished

Interior

Heating Forced Air

Fireplace No

Exterior

Exterior Feature Brick

Building

Foundation Basement

Water Public Water

Structure Type Brick

Schools

School District Detroit City School District

Others

Ownership Private

Energy Description Natural Gas

Financing Cash

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by EXP Realty Main

NEARBY SCHOOLS & PROPERTIES

Jackie Jones Kapuscinski

"I am here to help you every step of the way. Whether you are a first time home buyer or an experienced home owner, my goal is to make the process stress free and help you find the home of your dreams."

+1(419) 260-2806

jackie@jackiejonesrealtor.com

1910 IndianWood Circle, Maumee, OH, 43537, USA

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Serenity Realty, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

18055 Schoenherr Street