Brookstone, Realtors LLC
Listed by Brookstone, Realtors LLC
$525,000
9439 Chalmers Street
Details
APN W21I055868C70
Property Type Multifamily, Land
Sub Type Apartment Building, Residential
Square Footage 4,790
Units 8
NOI $77,000
Year Built 1959
Acreage 0.140
Multifamily | 8 Units
Marketing description
Turnkey 8-unit in historic Jefferson Chalmers. All units are 1-bed, 1-bath w/ expansive layouts & natural light. 100% occupancy, immediate cash flow. The building is currently occupied by safe, long-term, and reliable tenants who treat the property with care, ensuring immediate and stable cash flow for an investor. Tenants pay own electric (individually metered). An added amenity rarely found in this area: dedicated storage units are available on-site, providing extra convenience for tenants and a potential ancillary income stream. With its brick exterior, partial basement, and prime location just minutes from the Detroit River, Grosse Pointe, and downtown, this is a true turnkey investment.
Listing Contacts
Brookstone, Realtors LLC
Listed by Brookstone, Realtors LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$77,000.00
$6,416.67/mo
Valuation Metrics
0
DSCR
14.67%
Cap Rate
14.67%
ROI
Map
Zoning
B4 CommercialGeneral CommercialGeneral Business District
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View all 268 uses
View all 268 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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