About 8525 Maxwell Street
Opportunity awaits with this solid brick 14-unit multifamily building located on Detroit’s east side. The property was recently foreclosed on by a hard money lender and is being sold as-is. 14 units, two story brick, currently tenant-occupied (lease/rent roll status unknown). Buyer should expect potential evictions or tenant turnover after purchase. Strong rental demand in the area with upside for stabilized cash flow after repositioning. Close to major freeways, local schools, and neighborhood redevelopment activity. This is a value-add investment opportunity for an experienced investor or property manager who can stabilize the building and maximize its long-term potential.
Features of 8525 Maxwell Street
| MLS® # | 20251028912 |
|---|---|
| Price | $550,000 |
| Bathrooms | 14.00 |
| Full Baths | 14 |
| Square Footage | 8,036 |
| Acres | 0.27 |
| Year Built | 1927 |
| Type | Multifamily |
| Sub-Type | Common Entry Building |
| Style | Common Entry Building |
| Status | Active |
Community Information
| Address | 8525 Maxwell Street |
|---|---|
| Area | 05052 - Det: 6-Mack I75-Conner |
| Subdivision | MORE THAN ONE SUB INVOLVED |
| City | Detroit city |
| County | Wayne |
| State | Michigan |
| Zip Code | 48213 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Heating | Natural Gas, Steam |
|---|---|
| Fireplace | No |
Exterior
| Construction | Brick |
|---|---|
| Foundation | Crawl Space |
School Information
| District | Detroit |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Golden Key Realty Group LLC |
|---|---|
| Contact Info | jdonovansmithrealty@gmail.com |