Excellent investment opportunity featuring a 40-unit apartment complex consisting of two buildings on one lot. The property offers a desirable unit mix of 16 one-bedroom/one-bath units, 16 two-bedroom/one-bath units, and 8 townhouse-style two-bedroom/1.5-bath units. Currently 98% occupied with only one vacancy, providing strong occupancy and consistent rental income. Both building boilers were replaced last winter. Roofs are in solid condition and windows are well maintained. The property offers an attractive 10% cap rate and is situated in a prime location.
Features
64 bedrooms
48 bathrooms
39816 sq. ft. floor area
crop_free1.26 ac. lot size
cottageMulti-Family
Property history for 19143 Berg Rd
2025
Sold
$1,760,000
21 Mar 2025 by Dmitriy Selektor, of eXp Realty, LLC (CE - TR08 - Michigan - SE)
2018
Sold
$1,300,000
11 Sep 2018 by Justin Zehel - The PROTEAM
Happy sellers in Detroit
95%
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95% of sellers in Detroit reported that their sale price either exceeded or met their price expectations.
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Local market activity for 64 bedroom multi families in Detroit
Sold
For Sale
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