1910 Salina Street new

Dearborn,MI 48120

$ 309999

5 Beds

6 Baths

3961 SqFt


Key Details

Property Type Multi-Family

Sub Type Colonial

Listing Status Active

Purchase Type For Sale

Square Footage 3,961 sqft

Price per Sqft $78

Subdivision Dix Ave Villas Sub

MLS Listing ID 20251019074

Style Colonial

Bedrooms 5

Full Baths 6

Year Built 1925

Annual Tax Amount $4,884

Lot Size 0.270 Acres

Acres 0.27

Lot Dimensions 108.00 x 110.00

Property Sub-Type Colonial

Source Realcomp II Ltd

Property Description

Rare Investment Opportunity in Prime South End Dearborn—Fully Occupied 8-Unit Building!
Opportunities like this hardly ever hit the market in this highly desirable, tightly held neighborhood. This turnkey, income-producing property features eight fully furnished units—seven 1-bedroom units and one 2-bedroom unit (Unit #1)—all currently occupied by long-term, stable tenants, many of whom have been in place for over a decade. Consistent, reliable cash flow with minimal landlord involvement, as the on-site property manager is also a tenant. Major mechanicals are updated, including a newer furnace and hot water tank. Bonus 1.5-car garage offers valuable additional storage space.

Whether you're a seasoned investor or just entering the multifamily space, this is a rare chance to own a low-maintenance, cash-flowing asset in a location where properties almost never become available.

Location

State MI

County Wayne

Area Dearborn

Zoning Multi-Family

Direction Dix - Salina

Rooms

Basement Finished,Walk-Out Access,Walk-Up Access

Interior

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Road Frontage Paved

Garage no

Private Pool No

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Colonial

Level or Stories 3 Story

Structure Type Aluminum

Schools

School District Dearborn

Others

Pets Allowed No

Tax ID 321021322041

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Financing Cash,Conventional

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