All Forum Posts by: Erick Howard

Hello Jayde,

There are many amazing things going on in Detroit and the surrounding areas. I can help with some insight on investing in Detroit as I have owned and still own apartment buildings, commercial and residential real estate in the City. Please take a look at the State of the City in which the Mayor, Mike Duggin goes through in detail the billions of dollars of investments going on right now in the city.  https://detroitmi.gov/governme...

What happened with this property?

Did you purchase the property? What was the outcome?

Hi Tim

Thank you for taking the time to respond to my post. I actually ran the calculator a second time with 14k invested in each unit for updates and new furnace. Roof is newer with new wood and complete tear off. Yes, there is some knob and tube wiring in the unfinished attic which I plan to renovate to a 3rd unit studio in the future. Units can rent for $950 max updated. 

View report

*This link comes directly from our calculators, based on information input by the member who posted.

Investment Info:

Large multi-family (5+ units) buy & hold investment.

Purchase price: $240,000
Sale price: $240,000

Sturtevant Apartments is a 26-unit multifamily apartment building located at 2750 Sturtevant Street in the Dexter Linwood neighborhood of Detroit. Constructed in 1929, the property is currently vacant and consists of a four-story multifamily building on 0.22 acres of land. The property sits on a corner parcel in a primarily residential community.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Erick Howard, Realtor in Warren MI

Hey  Guys!

As a seasoned real estate professional, I understand that investing in real estate is more than just a transaction: it’s a life-changing experience. That’s why I am dedicated to providing exceptional, personalized service for all of my clients. I take great pride in the relationships I build and always work relentlessly on the client’s behalf to help them find the best deals.
Check out my latest video below 👇
Investing in Detroit Real Estate

Hey Jay. Are you still looking to invest in Detroit? I can help.