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Beautiful Multi-Family Property
14631-14633 Plymouth is a 1952 multi-family residence in Detroit, Michigan. The building features masonry foundations and brick siding, and includes 15,292 square feet of living space. Each of the 27 units offers 1 bedroom and 1 bathroom, along with gas and forced air heating. The large parking area ensures convenience and accessibility for both residents and visitors. Additionally, locals have easy access to outside enjoyment thanks to nearby green areas such as Mallett Playground, O’Shea Park, and Doan Playground.
A Family-Friendly Community
The Plymouth-Hubbell neighborhood in Detroit offers a perfect blend of vibrant city life and serene residential charm. Residents enjoy a lively downtown with diverse shops and restaurants, balanced by the peace of quiet residential streets featuring an eclectic mix of home styles. For everyday needs, Grand Price Foodland provides convenient grocery options, while the nearby Dearborn Meat Market offers fresh cuts of meat. Plymouth-Hubbell’s prime location near the I-96 Expressway ensures easy access to metro Detroit, making it a great choice for families and professionals seeking convenience and a suburban environment.
Investment Potential
This multi-family property, listed at $1,389,025, provides token-holders with an expected rental income of 9.13% and an interesting chance to invest in a popular and historic neighborhood. The building also comes with a $57,000 renovation budget for building upgrades, including basement renovations, enhancements to common areas, replacement of most essential appliances, adding new fences to the parking, and updated fridges and stoves in nearly all units. This offering is our latest addition to the area, where it joins 11373 Prest, 9576 Robson, 9943 Marlowe, 11401 Winthrop, and 11420 Montrose, among others. This new property supports our approach of boosting income by focusing on investments in up-and-coming areas.
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