Strong multifamily investment opportunity! This 16-unit apartment building offers immediate income with 12 units currently occupied, providing solid cash flow from day one. The remaining vacant units present clear upside for increased revenue through lease-up, rent optimization, and value-add improvements over time.Well-positioned on Lahser Road, the property offers convenient access to major freeways, public transportation, shopping, schools, and everyday amenities-helping support consistent tenant demand. This location makes it attractive for both long-term renters and investors focused on stable occupancy.Ideal for both seasoned and first-time multifamily investors, this asset provides multiple strategies to increase value, whether through improving operations, raising occupancy, or repositioning the property within the market. With strong in-place income and additional upside potential, this is a great opportunity to expand or strengthen your investment portfolio.
Listed By
Agency Name: Match Realty
Agency Phone: 3134827432
Shown By
Agent Name: Carol Griffith
Agent Phone: (810) 227-1016 ext. 203
Agency Title: Griffith Realty
Estimated Payment
$ 5,541.38 per month $1,836.09 Principal & Interest $3,464.67 Property Tax $240.63 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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19131 Lahser Road | MLS# 20261050178
This multi-family property located at 19131 Lahser Road, Detroit, Mi 48219 is currently listed for sale with an asking price of $825,000. Lahser Road is located within the Detroit school district. Search Detroit real estate on cgriffith.griffithrealty.com today.