$225,000
Est. payment /mo
2 Baths
4,356 Sqft Lot
New
2910 Tuxedo Street Detroit, MI 48206
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261032974
HOA Y/N true
Year Built 1923
Annual Tax Amount $4,638
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 34X125
Source Realcomp
Property Description
Excellent multifamily investment opportunity in Detroit! 2910 Tuxedo offers strong income-producing potential with a spacious multi-unit layout and tenant-occupied stability. Currently generating reliable cash flow with cash-paying tenants at $950 per unit, this property offers an estimated 13% cap rate, making it an attractive addition to any investment portfolio. Ideal for investors seeking immediate rental income with long-term upside potential. Features solid rental appeal and convenient access to major freeways, shopping, schools, dining, and local amenities. A great opportunity for both seasoned and new investors looking for dependable income-producing assets in Detroit's growing rental market. Property is tenant occupied — please do not disturb tenants. Showings available with accepted offer or approved access only.
Location
State MI
County Wayne
Zoning Multi-Family
Direction Lawton & Tuxedo
Interior
Heating Forced Air
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W12I003576S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Sonic Realty LLC
NEARBY SCHOOL & BUSINESS
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