+13136578264
Trust Realty Group LLC
Fully-occupied 5-unit apartment building producing $62,400/year in gross rental income. Consisting offour 2-bedroom units (1,200 SF each) leased at $1,000/mo and one 3-bedroom (1,700 SF) leased at$1,200/mo. Landlord pays water; tenants pay gas and electric. Rents remain below market, providingstrong upside potential in Detroit’s revitalizing Islandview / West Village corridor.Highlights• 100% occupancy with stable tenants• Below market rent – significant upside• Cap rate 8.3% with growth potential to 10%• Landlord only pays water – low expense ratio• Proximity to Belle Isle, Jefferson Corridor, and Downtown Detroit• Updated interiors and long-term tenant stability
Listing courtesy of Listing Agent: Jiryes Jarrous from Listing Office: Match Realty.
Selling Agent: Selling Office: .
© 2026 Southwestern Michigan Regional Information Center, LLC. All rights reserved. Information deemed reliable but not guaranteed. The properties on this website come in part from the Broker Reciprocity Program of the Member MLSs of the Southwestern Michigan Regional Information Center. Data last updated .
/u.realgeeks.media/trustrealtyhomes/900a9a0d1296-1500_x_trg_logo.jpg){kind=logo}