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358
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306
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Tom A.
  • Investor
  • West Bloomfield, MI
306
Votes |
358
Posts

Turnkey Detroit House For Sale!

Tom A.
  • Investor
  • West Bloomfield, MI
Posted

Rehabbed, ready for tenants. In the low-vacancy, trendy midtown area. ROI off the charts! 21,000 sqft plus 5,700 sqft in carriage house. 49 rooms gives you all kinds of rental options! A steal at $2.79 million! Currently occupied by a law firm but we'll steam clean it to make sure there's no odor.

OK, this is tongue in cheek, I'm not selling this or tied in to it in any way but this is the opposite end of the spectrum from the typical sketchy Detroit turnkeys marketed to out-of-state or foreign buyers. It's a Louis Kamper-designed mansion built in 1892 for a railroad/shipbuilding baron that has been well persevered and used as a commercial building by a local law firm. It's in a prime location and must have cost an 1892 fortune to build originally. Check out the photos. Those of you on the coasts can sell your 2-bedroom Manhattan or SF condo and buy this with the proceeds. :-)

http://www.loopnet.com/xNet/MainSite/Listing/Profile/Profile.aspx?LID=17129352