Turnkey Property, Fully Renovated, Fully Leased 3 Unit

This $530,000

Lot For Sale near Detroit River

Turnkey Property, Fully Renovated, Fully Leased 3 Unit

This property showcases extensive upgrades throughout, making it one of the most move-in-ready and low-maintenance buildings in Wyandotte. Featuring 3 completely updated and fully rented units with full Certificate of Occupancy issued by the City of Wyandotte and is properly registered as a rental property.

Each apartment offers independent utilities and a separate landlord electric & gas meter. Each unit has its own circuit breaker panel, furnace (forced air), central A/C, and electric water heater--ensuring complete separation and simplified tenant bills. Every apartment also features private in-unit laundry, eliminating shared basement access and providing tenants with direct washing without having to leave. New energy-efficient windows have been installed throughout entire building.

All units feature direct outside vented range hoods over the stove. All kitchens have been fully modernized with new cabinetry, backsplashes, and countertops. Bathrooms are completely remodeled, featuring all-new fixtures and code-compliant exhaust fans with proper ventilation. The building has been brought up to the modern era. Additional upgrades include new vinyl flooring, recessed lighting, updated doors, and fresh paint throughout.
Each tenant enjoys a private outdoor sitting deck, providing personal space. The rear parking pad features assigned parking spots with signage for each unit, providing convenience and organization.

Located on a quiet residential street with quick access to major freeways, this property combines quality, comfort, and excellent location. Very low maintenance, ideal for out of state or local investors seeking a more hands-off investment. Current management is willing to continue managing the property for the new owner or assist with management transition for the first 60 days at no cost, ensuring a smooth and seamless transition.