Log In/Sign Up
Your email has been sent.
7x Wellington Ave + 21 Potential Studios 7 Multifamily Properties Offered at $3,029,146 CAD in Warren, MI
INVESTMENT HIGHLIGHTS
- Portfolio of 7 single-family homes with combined income potential over $12,000/month.
- Total investment of $2,170,000 with flexible financing options including Land Contract, FHA, VA, and Conventional.
- City-approved potential to add up to 21 new studio apartments for expanded rental income exceeding $33,000/month.
EXECUTIVE SUMMARY
This portfolio comprises seven single-family homes, each approximately 1,350 sq. ft. with four bedrooms and two bathrooms, generating a combined income potential exceeding $12,000/month.
Properties Included:
23266 Wellington Avenue
23268 Wellington Avenue
23270 Wellington Avenue
23272 Wellington Avenue
23274 Wellington Avenue
23276 Wellington Avenue
23278 Wellington Avenue
The City of Warren has informed the seller/developer that a 40x80 concrete slab may be constructed behind each Wellington residence. Each slab could support up to three studio apartments, allowing for the potential development of up to 21 additional studio units. The total investment, including the seven existing homes and the potential studio development, is $2,170,000, with a projected monthly income exceeding $33,000 once fully completed.
An excellent opportunity for investors seeking scalable cash flow and new construction potential in a high-demand rental market. Flexible financing options available, including Land Contract, FHA, VA, and Conventional. Prime location near shopping, schools, and major roadways. BATVAI. IDRBNG.
Properties Included:
23266 Wellington Avenue
23268 Wellington Avenue
23270 Wellington Avenue
23272 Wellington Avenue
23274 Wellington Avenue
23276 Wellington Avenue
23278 Wellington Avenue
The City of Warren has informed the seller/developer that a 40x80 concrete slab may be constructed behind each Wellington residence. Each slab could support up to three studio apartments, allowing for the potential development of up to 21 additional studio units. The total investment, including the seven existing homes and the potential studio development, is $2,170,000, with a projected monthly income exceeding $33,000 once fully completed.
An excellent opportunity for investors seeking scalable cash flow and new construction potential in a high-demand rental market. Flexible financing options available, including Land Contract, FHA, VA, and Conventional. Prime location near shopping, schools, and major roadways. BATVAI. IDRBNG.
PROPERTY FACTS
| Price | $3,029,146 CAD | Status | Active |
| Price / SF | $320.54 CAD / SF | Number of Properties | 7 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 9,450 SF |
| Price | $3,029,146 CAD |
| Price / SF | $320.54 CAD / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 7 |
| Individually For Sale | 0 |
| Total Building Size | 9,450 SF |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 23278 Wellington Ave, Warren, MI 48089 | Multifamily | 1,350 SF | 2025 | - |
| 23272 Wellington Ave, Warren, MI 48089 | Multifamily | 1,350 SF | 2025 | - |
| 23268 Wellington Ave, Warren, MI 48089 | Multifamily | 1,350 SF | 2025 | - |
| 23274 Wellington Ave, Warren, MI 48089 | Multifamily | 1,350 SF | 2025 | - |
| 23266 Wellington Ave, Warren, MI 48089 | Multifamily | 1,350 SF | 2025 | - |
| 23270 Wellington Ave, Warren, MI 48089 | Multifamily | 1,350 SF | 2025 | - |
| 23276 Wellington Ave, Warren, MI 48089 | Multifamily | 1,350 SF | 2025 | - |
1 1
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
7x Wellington Ave + 21 Potential Studios
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.