About 11811 Morang Dr
Calling all investors! 22 unit complex with 11 one bed one bath units and 11 two beds one bath units. Updated windows. Updated plumbing. Updated electrical! All new electic baseboard heaters. All new doors. Units have been remodeled. 18 units are occupied out of the 22 units. This complex is at a 12% cap at listing price. Once the 4 vacants are occupied this will be a 15% cap building. Cash cow ! The 4 vacants will be rented ready at closing. Serious buyers only.
Features of 11811 Morang Dr
| MLS® # | 58050192149 |
|---|---|
| Price | $1,200,000 |
| Bedrooms | 33 |
| Bathrooms | 22.00 |
| Full Baths | 22 |
| Square Footage | 12,364 |
| Acres | 0.33 |
| Year Built | 1958 |
| Type | Multifamily |
| Status | Active |
Community Information
| Address | 11811 Morang Dr |
|---|---|
| Area | 05055 - Det Con-Mors/Grat. Hstn/7 Mack |
| Subdivision | LINCOLN GARDENS |
| City | Detroit city |
| County | Wayne |
| State | Michigan |
| Zip Code | 48224 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Heating | Forced Air, Natural Gas, Separate Meters |
|---|---|
| Fireplace | No |
Exterior
| Foundation | Basement |
|---|
School Information
| District | Detroit |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Paint Creek |
|---|---|
| Contact Info | Zehel@proteamkw.com |