$499,000

12927 Plymouth Road, Detroit, MI 48227

  • 10 baths |
  • 4,467 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1955
  • Property Lot Size Icon0.28acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $112/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

INVESTORS: Cash-flow from day one with this high-performing 10-unit apartment building at 12927 Plymouth Rd, priced to move at $550,000! Currently fully leased and generating $6,000/month in actual rent, this asset delivers an impressive 8%+ Cap Rate with additional room to grow. This rare deal also includes two adjacent vacant parking lots,12913 Plymouth Rd and 12901 Plymouth Rd ( Fenced parking lot ), offering massive value for tenant parking or future development . The property features a low-maintenance brick exterior and gated courtyard, making it a perfect addition to any portfolio. Tenants pay their own electric bills, including for the electric baseboard heat. Please do not disturb tenants. Buyer and buyer’s agent to verify all information; room measurements are approximate. Property is being sold AS-IS. No virtual showings. All buyers must be accompanied by a licensed real estate agent. A signed NDA and POF/Pre-Approval Letter are required to receive the full Rent Roll.

Listing Status:
Active
Data Last Updated:
July 21, 2026 at 8:42PM
Listing Office:
RE/MAX Dream Properties : 2483747700
Listing Agent:
Behzad Bokani : 2489519555
MLS ID:
20261014273
  • A/C: Wall units
  • Heating: BaseboardElectric
  • Style: Ranch
  • Pool: None
  • Roofing: Asphalt
  • General: BrickOneSlab
  • Road/Access: Paved
  • Originating MLS: Realcomp II Ltd
  • School District: Detroit
  • County: Wayne
  • Zoning: S PLYMOUTH 30 THRU 35 COON AVE HGHTS SUB L36 P97 PLATSW C R 22/576 120 X 100W22I004864C9
  • Water: Public
  • Sewer: Public sewer
  • Source: Realcomp II Ltd

This listing courtesy of Behzad Bokani , RE/MAX Dream Properties

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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