14
See all 14 photos
$965,000
Est. payment /mo
9 Baths
871 Sqft Lot
New
12741 Lawton Street Detroit, MI 48238
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261025584
Year Built 1925
Annual Tax Amount $1,437
Lot Size 871 Sqft
Acres 0.02
Lot Dimensions 17.33X48
Source Realcomp
Property Description
**Turnkey Investment Opportunity – 9-Property Portfolio in Growing Detroit Market** Don't miss this rare opportunity to acquire a fully renovated portfolio of nine single-family homes, each offering 2 bedrooms, 1 bathroom, wood burning fireplace in each unit, with additional attic and basement space—ideal for added storage or future value potential. All properties were extensively renovated in 2024, featuring brand-new plumbing, electrical systems, flooring, roofs, furnaces, and hot water tanks, providing peace of mind and minimal maintenance for years to come. The kitchens have been completely updated with new flooring, cabinets, countertops, and appliances, while bathrooms include all new fixtures, delivering a clean, updated look tenants will love. This package also includes a vacant lot (2921 Glendale), currently used for tenant parking, adding convenience and increased rental appeal. Portfolio includes: 2901, 2903, 2907, 2911, 2915, 2919, 2921 (vacant lot) Glendale 12735, 12745 Lawton. All properties are lead certified and in compliance, making this a truly turnkey investment. Perfect for investors looking to scale quickly with a stabilized, updated rental portfolio. Important Details: Property rooms/room sizes are estimated and should be verified by the buyer or buyer's agent. A processing fee of 495.00 is required to be paid to the listing broker at closing. The buyer will receive a clean title, warranty deed, and title insurance for added peace of mind. Don't miss this opportunity schedule your showing today. All properties are occupied, please do not disturb the tenants.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Residential
Direction Linwood To Glendale To Lawton
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W12I006368S003
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Realtyflo Inc
NEARBY SCHOOL & BUSINESS
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