1,600 SqFt
0.37 Lot Size
1950 Year Built

Excellent investment opportunity at 228 Inkister Road, Inkister City, featuring a fully occupied 5-unit apartment complex situated on approximately 1 acre of land. All 5 units are currently rented at $650 per month each, generating $3,250 in monthly rental income, with tenants who consistently pay on time and have had no issues. The property also offers significant future development potential, with a survey available showing the possibility of developing up to 30 units, subject to zoning and required approvals. A great opportunity for investors seeking stable rental income today with substantial upside for future expansion.

Listed by Got Key'D Realty

GALLERY

PROPERTY DETAIL

Key Details

Property Type Commercial
Sub Type RealEstateOnly
Listing Status Active
Purchase Type For Sale
Square Footage 1, 600 sqft
Price per Sqft $406
Subdivision Assrs Inkster 7 - Inkster
MLS Listing ID 20261067134
Year Built 1950
Lot Size 0.370 Acres
Acres 0.37
Property Sub-Type RealEstateOnly
Location

State MI
County Wayne
Area Area05080Inkster
Building

Foundation Slab
Sewer Public Sewer
Water Public
New Construction No

Interior

Fireplace No
Exterior

View Y/N No
Garage false
Schools

School District Wayne Westland
Others

Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard