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7005 Eaton St
BUY
$240,000
Property Description
Off-market opportunity for an 8-unit brick apartment building, each unit offering two bedrooms with its own furnace and separate meter. The property currently has a newer roof, two units occupied, and six units in need of renovation-making it a strong value-add investment. Once renovated, the 2-bedroom units can achieve market rents of $1,200-$1,300 per month, creating significant income potential. With tenants paying their own gas and electric, this building offers both reduced operating expenses and an excellent upside for the right investor.
Bedrooms
8
Levels
3
Bathrooms
16
Built Year
1964
Sqft
2200
Main Location
Detroit
Contact Agent
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