8225 Cadillac Avenue new Save Request In-Person Tour Request Virtual Tour
Warren,MI 48089 2393
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 2,769 sqft
Price per Sqft $101
Subdivision Mi
MLS Listing ID 60954820
Annual Tax Amount $5,581
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 80x109
Property Sub-Type Commercial/Industrial
Property Description
Welcome to 8225 Cadillac, an exceptional value-add 8-unit apartment building located in one of Warren's most sought-after investor corridors. This solid brick exterior property features eight studio apartments, each with its own private entrance, offering strong appeal for tenants and long-term durability for owners. The units require light renovations to become rent-ready, with a projected minimum rent of $850 per unit once updated. The building also includes a separate utility room for on-site laundry, providing an excellent opportunity for additional income. With high rental demand in this area and significant upside potential, this is a prime opportunity for investors seeking dependable cash flow and long-term appreciation.
Location
State MI
County Macomb
Area Warren (50023)
Zoning Multi-Family,Commercial
Building
Foundation Slab
Water Public Water
Structure Type Brick
Others
Ownership Corporation
Energy Description Natural Gas
Financing Cash