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33679650
33679651

162 Burke Street, River Rouge, MI 48218

Real Estate One-Southgate
Listed by Real Estate One-Southgate
$399,900
21 days on market
Updated 17 days ago
Opportunity zone

162 Burke Street

Details
APN 50008070005000
Property Type Multifamily
Sub Type Apartment Building, Apartment/Condo (+1)
Square Footage 2,692
Units 6
NOI $42,180
Year Built 1957
Acreage 0.180

Multifamily | 6 Units

Marketing description

Excellent investment opportunity! Fully occupied 6-unit multifamily property offering immediate positive cash flow. Several units have been beautifully updated with remodeled kitchens and bathrooms, providing modern finishes that tenants appreciate. Property features coin-operated laundry for additional income and convenience. Well-maintained with strong rental history and stable occupancy. A turnkey investment with income from day one, making it a great addition to any investor's portfolio. Don't miss this opportunity to own a solid income-producing property! BATVAI
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Listing Contacts

Real Estate One-Southgate
Listed by Real Estate One-Southgate

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$42,180.00
$3,515.00/mo

Valuation Metrics

0
DSCR
10.55%
Cap Rate
10.55%
ROI

Map

Zoning

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NR ResidentialSingle FamilyNeighborhood Residential
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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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Tax History

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