About 11744 Cascade Street
Eight 1-bedroom units ideally positioned near Wayne State University, Detroit Medical Center, and Midtown, prime territory for student and workforce housing demand.. Potentially Projected gross income of $76,800/year at market rents.. Brick construction, forced air heat, public water/sewer. Minutes from Downtown Detroit, major freeways, restaurants, and local amenities. Cash or conventional financing only. Do not disturb tenants., At $800/month per unit, projected gross income of $76,800/year with a potential cap rate exceeding 9% at list price
Features of 11744 Cascade Street
| MLS® # | 20261044105 |
|---|---|
| Price | $499,999 |
| Bathrooms | 8.00 |
| Full Baths | 8 |
| Square Footage | 3,370 |
| Acres | 0.07 |
| Year Built | 1930 |
| Type | Multifamily |
| Sub-Type | Other |
| Style | Other |
| Status | Active |
Community Information
| Address | 11744 Cascade Street |
|---|---|
| Area | 05043 - Det: Livernois-I75 6-Gd River |
| Subdivision | MC QUADES HEIGHTS |
| City | Detroit |
| County | Wayne |
| State | Michigan |
| Zip Code | 48204 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Heating | Forced Air, Natural Gas |
|---|---|
| Fireplace | No |
Exterior
| Construction | Brick |
|---|---|
| Foundation | Basement, Brick/Mortar |
School Information
| District | Detroit |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | RE/MAX Leading Edge |
|---|---|
| Contact Info | parislaurent@icloud.com |