Log In/Sign Up
Your email has been sent.
The Galston 6442-6460 Michigan Ave 36 Unit Apartment Building $2,733,880 CAD ($75,941 CAD/Unit) 10.30% Cap Rate Detroit, MI 48210
Investment Highlights
- Public Transportation
- 10 min from Downtown
- Large Units Available -13 3/br
Executive Summary
PRICE REDUCED! Best Offers by 2.18.26
Open House each Saturday 12 noon-2:00 pm
Open House each Saturday 12 noon-2:00 pm
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,733,880 CAD | Apartment Style | Mid-Rise |
| Price Per Unit | $75,941 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.23 AC |
| Cap Rate | 10.30% | Building Size | 30,625 SF |
| No. Units | 36 | Average Occupancy | 52% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built/Renovated | 1935/2007 |
| Zoning | B4 | ||
| Price | $2,733,880 CAD |
| Price Per Unit | $75,941 CAD |
| Sale Type | Investment |
| Cap Rate | 10.30% |
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.23 AC |
| Building Size | 30,625 SF |
| Average Occupancy | 52% |
| No. Stories | 4 |
| Year Built/Renovated | 1935/2007 |
| Zoning | B4 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 11 | $1,149 CAD | - |
| 2+1 | 7 | $1,314 CAD | - |
| 3+1 | 13 | $1,578 CAD | - |
1 1
Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (75)
Property Taxes
| Parcel Number | 18-002457 | Total Assessment | $63,270 CAD |
| Land Assessment | $0 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $0 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
18-002457
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$63,270 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Strather & Associates, Inc.
The Galston | 6442-6460 Michigan Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.