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33662734
33662735

5701-5707 Woodward Street, Dearborn, MI 48184

HS
MI 6501415190
KW Commercial GR East
Listed by KW Commercial GR East
$1,556,700
143 days on market
Updated 3 days ago

5701-5707 Woodward Street

Details
APN 55016060028000
Property Type Multifamily
Sub Type Apartment Building, Apartment/Condo (+1)
Square Footage 11,218
Units 16
NOI $120,000
Year Built 1966
Acreage 0.150

Multifamily | 16 Units

Marketing description

Rare opportunity to own two apartment buildings. This amazing investment consists of two separate apartment buildings. Building one is a brick two story, consisting of eight, two bedroom units, private patios with sliding doors with central laundry room with paid laundry that generates additional income. Building two consisting of eight one bedroom units, with central laundry room. A grand total of 16 apartment units Private parking lot with assigned spaces. Seasoned and strong rent roll for both buildings with full occupancy. All units are rented at market value with great paying long term tenants. Most of the units have been recently updated. Large center common area for both units Both buildings are fully city certified and ready for transfer. Do NOT disturb tenants. Showings will be scheduled only upon accepted offer. BATVAI
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HS
MI 6501415190
KW Commercial GR East
Listed by KW Commercial GR East

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$120,000.00
$10,000.00/mo

Valuation Metrics

0
DSCR
7.71%
Cap Rate
7.71%
ROI

Map

Zoning

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MF ResidentialMulti FamilyMultiple Family Residential
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View all 44 uses
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Last updated Feb 20, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Hiba Saad
License
6501415190
Brokerage
Keller Williams Legacy
Brokerage Phone
3139208798
Title
Michigan
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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