Log In/Sign Up
Your email has been sent.
9439 Chalmers St 8 Unit Apartment Building $729,892 CAD ($91,236 CAD/Unit) 15.00% Cap Rate Detroit, MI 48213
Executive Summary
Turnkey 8-unit in historic Jefferson Chalmers. All units are 1-bed, 1-bath w/ expansive layouts & natural light. 100% occupancy, immediate cash flow. The building is currently occupied by safe, long-term, and reliable tenants who treat the property with care, ensuring immediate and stable cash flow for an investor. Tenants pay own electric (individually metered). An added amenity rarely found in this area: dedicated storage units are available on-site, providing extra convenience for tenants and a potential ancillary income stream. With its brick exterior, partial basement, and prime location just minutes from the Detroit River, Grosse Pointe, and downtown, this is a true turnkey investment.
Property Facts
| Price | $729,892 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $91,236 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 15.00% | Building Size | 5,938 SF |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1980 |
| Property Subtype | Apartment | Parking Ratio | 1.35/1,000 SF |
| Zoning | Commercial - Commercial Zoned District | ||
| Price | $729,892 CAD |
| Price Per Unit | $91,236 CAD |
| Sale Type | Investment |
| Cap Rate | 15.00% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 5,938 SF |
| No. Stories | 2 |
| Year Built | 1980 |
| Parking Ratio | 1.35/1,000 SF |
| Zoning | Commercial - Commercial Zoned District |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 8 | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 21-05586-870 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $135,681 CAD |
Property Taxes
Parcel Number
21-05586-870
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$135,681 CAD
1 of 15
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
9439 Chalmers St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.