Berg Rd, Detroit, Home For Sale

townhouse for sale

Listed: 06/23/24

19143 Berg Rd, Detroit, Michigan, 48219

56 Bed:

40.5 Bath:

39,816 Sq Ft Living Area:

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Price

$ 1,8M

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About This Townhouse

Great Investment Opportunity! Well maintained 40 unit complex. Currently Grossing around$324, 000.With the expected NOI 0f$227, 000for 2024. Value add opportunity at full capacity. Projected gross income once fully leased$432, 000. 8 - 2bedroom - two story (townhouse style) units. 8 regular 2 bedroom, 24 - one bedrooms. Landlord pays water, gas, electric. Give advance notice to show. Do not disturb tenants.

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Townhouses for sale in Detroit

Original listing

Detroit Housing & Living

Household Income

Median household income: $31,283

Number of households: 266,333

The average household income in Detroit, MI grew from $30,344 to $31,283 in the past year. This data is an estimate based upon 266,333 households in Detroit, MI.
The chart below presents how household income is distributed in Detroit, MI in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Detroit, MI compared to median property taxes around the country. The prevalent amount of property taxes in Detroit, MI equals $800-$1,500 , which is less than the national average.