10311 CADIEUX Road Detroit, MI ^$ 675,000

10311 CADIEUX Road

^$ 675,000

Back to search

10311 CADIEUX Road

Detroit, MI, 48224

^$ 675,000

Studio Baths12.0 Sq 7,228

Monthly Estimate*

^$ 4,715

10311 CADIEUX Road, Detroit, MI 48224 - Image 1

10311 CADIEUX Road, Detroit, MI 48224 - Image 2

10311 CADIEUX Road, Detroit, MI 48224 - Image 3

10311 CADIEUX Road, Detroit, MI 48224 - Image 4

10311 CADIEUX Road, Detroit, MI 48224 - Image 5

10311 CADIEUX Road, Detroit, MI 48224 - Image 6

10311 CADIEUX Road, Detroit, MI 48224 - Image 7

10311 CADIEUX Road, Detroit, MI 48224 - Image 8

10311 CADIEUX Road, Detroit, MI 48224 - Image 9

10311 CADIEUX Road, Detroit, MI 48224 - Image 10

Studio

Multi-Family Home for sale in Detroit, MI

for $675,000 with 12 full baths. This 7,228 square foot home was built in 1962 on a lot size of 0.21.

Rare opportunity don't let this pass you by. 100% occupancy and all rents are at market rate. The average rent is just over $1000. No deferred maintenance, start cash flowing from day 1. 10 of the 12 units are section 8 with regular rent increases each year. All tenants are in a lease. The owner pays for water, heat, and some electricity. The water bill averages $400. Also, the taxes were just lowered. This means more cash in your pocket. No showings without an accepted offer. The buyer will receive a warranty deed, title insurance, and a clear title. The buyer is to pay a $495 transaction fee to Downtown Realty. The agent is part of the LLC selling the property. ***DO NOT DISTURB THE TENANTS***

Multi-Family Pending

Price

^$ 675,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 14,417

Style

Lot Size

0.21

Year Built

1962

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60296024

Features

General

Heating Baseboard Radiant

Cooling Ceiling Fan(s) Wall/Window A/C

Possession At Close

Water Public Water

Status Pending Pending

Full Baths 12

Half Baths 0

Bathrooms 12

Year Built 1962

Subdivision MORE THAN ONE SUBDIVISION INVOLVED MI

Water Heater Gas

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 104124

Percent Ownership Private

Municipality Detroit

Zoning Multi-Family

Structure Style 1 Story

Area Detroit (82001)

Primary City Detroit

Directions I-94 to Cadieux

City Detroit

School District Detroit City School District

Street Name CADIEUX

Financial Terms Cash Conventional

Legal Description W CADIEUX 743 THRU 741 YORKSHIRE WOODS SUB NO 3 L46 P84 PLATS W C R 21/810 ALSO 386 YORKSHIRE WOODS SUB NO 1 L45 P68 PLATS W C R 21/678 99.48 IRREG

DOM 7

Postal Code 48224

Price Per Sq Ft 93.39

Coming Soon Rare opportunity don't let this pass you by. 100% occupancy and all rents are at market rate. The average rent is just over $1000. No deferred maintenance

Interior

Basement Block

Fireplace? No

Total Number of Units 12

Fuel Type Natural Gas

Exterior

Exterior Brick

Frontage 0

Lot Size Area 0.21

Lot Dimensions 99.00 x 94.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Guy Gailliard

Listing Agent

Downtown Realty

Broker

guy@dtrdetroit.com

Affordability Calculator

$5,916

Per Month

Monthly Principal & Interest: $4,715
Monthly Property Taxes: $1,201
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$211,983

Percent of Sale Price 69%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/25/2024	$675,000		Listed Price

Map

More homes like this one

homes for you

See all

10311 CADIEUX Road, Detroit, MI, 48224 is a Multi-Family Home for sale at $675,000 with 7,228 sqft and a lot size of 0.21. 10311 CADIEUX Road is a studio with 12.0 baths and was built in 1962. The property's zip code is 48224 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

10311 CADIEUX Road

Multi-Family Home for sale in Detroit, MI

Affordability Calculator

Map

More homes like this one

Get more info about this home