10311 CADIEUX Road Detroit, MI 48224

Multi-Family (2-4 Units) MLS #: 20240018770 Courtesy Of Downtown Realty
500 Griswold Ste 2420, Detroit, MI 48226

$675,000

12 baths | 7,228 sq ft
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Est. Property Tax: $14,417
Estimated monthly payments: $4,152/mo.* (recalculate)

Property InformationDescription

Rare opportunity don't let this pass you by. 100% occupancy and all rents are at market rate. The average rent is just over $1000. No deferred maintenance, start cash flowing from day 1. 10 of the 12 units are section 8 with regular rent increases each year. All tenants are in a lease. The owner pays for water, heat, and some electricity. The water bill averages $400. Also, the taxes were just lowered. This means more cash in your pocket. No showings without an accepted offer. The buyer will receive a warranty deed, title insurance, and a clear title. The buyer is to pay a $495 transaction fee to Downtown Realty. The agent is part of the LLC selling the property. ***DO NOT DISTURB THE TENANTS***

Features

  • Age: Over 50 Years Old
  • Amenities: Basement
  • Architecture Style: Other
  • Cooling System: Ceiling Fan(s), Wall Unit(s) A/C
  • Exterior Type: Brick
  • Heating Fuel: Natural Gas
  • Heating System: Baseboard, Radiant
  • Lot Size: 0.21 Acres
  • Roof Type: Unknown
  • Rooms: Basement, Full Bath

MAP & DIRECTIONS

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10311 CADIEUX Road, Detroit, MI 48224
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School Information

10311 CADIEUX Road, Detroit, MI 48224

Elementary School
Grades PK-5 | Public School
CARLETON ELEMENTARY SCHOOL
Detroit, MI 48224
11724 Casino St
313.­866.8322
Distance: 0.6 mi
School Rating
F
Student:Teacher Ratio
15:1
Total Students
387
Middle School
N/A
High School
Grades 9-12 | Public School
DENBY HIGH SCHOOL
Detroit, MI 48224
12800 Kelly Rd
313.­866.7200
Distance: 1.1 mi
School Rating
D-
Student:Teacher Ratio
19:1
Total Students
582
Other Nearby Schools Distance Type Grades School Rating
Marvin L Winans Academy Elementary School 0.6 mi Public KG-5 F
Marvin L Winans Academy Middle School 0.6 mi Public 6-8 D
Marquette Elementary-middle School 0.9 mi Public PK-8 F
Wayne Elementary School 0.9 mi Public PK-5 F
Distinctive College Preparatory 0.9 mi Public KG-6 F
Diann Bankswilliamson Educational Center 1.0 mi Public 9-12
East English Village Preparatory Academy At Finney 1.0 mi Public 9-12 F
Beacon Elementary School 1.1 mi Public PK-3
Ronald Brown Academy 1.1 mi Public PK-8 F
Tyrone Elementary School 1.2 mi Public 4-6 F
Capstone Academy Charter Schoolmayfield 1.3 mi Public 4-12
Our Kidz World Learning Center 1.3 mi Private PK-KG
Brewer Academy 1.4 mi Public PK-8 F
Regent Park Scholars Charter Academy 1.4 mi Public PK-8 D+
Diploma Success Community School 1.6 mi Public KG-12 F
Giving Tree Montessori School 1.6 mi Private PK-KG
Fisher Magnet Upper Academy 1.6 mi Public 6-8 D-
Harper Woods High School 1.7 mi Public 9-12 C-
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Detroit, MI 48224

Median Age: 31.6
Married: 23%
Number of Households: 14,245
Households with Children: 37.9%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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