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$ 280,000
Est. payment /mo
New
8225 Cadillac Avenue Warren, MI 48089 2393
2,769 SqFt
UPDATED:
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
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Tarar Homes