$550,000
12927 Plymouth Road
Detroit, MI, 48227
INVESTORS: Cash-flow from day one with this high-performing 10-unit apartment building at 12927 Plymouth Rd, priced to move at $550,000! Currently fully leased and generating $6,000/month in actual rent, this asset delivers an impressive 8%+ Cap Rate with additional room to grow. This rare deal also includes two adjacent vacant parking lots,12913 Plymouth Rd and 12901 Plymouth Rd ( Fenced parking lot ), offering massive value for tenant parking or future development . The property features a low-maintenance brick exterior and gated courtyard, making it a perfect addition to any portfolio. Tenants pay their own electric bills, including for the electric baseboard heat. Please do not disturb tenants. Buyer and buyer’s agent to verify all information; room measurements are approximate. Property is being sold AS-IS. No virtual showings. All buyers must be accompanied by a licensed real estate agent. A signed NDA and POF/Pre-Approval Letter are required to receive the full Rent Roll.
Property Details
Price:
$550,000
MLS #:
20261014273
Status:
Active
Beds:
0
Baths:
10
Address:
12927 Plymouth Road
Type:
Single Family
City:
Detroit
Listed Date:
Mar 6, 2026
State:
MI
ZIP:
48227
Lot Size:
12,197 sqft / 0.28 acres (approx)
Year Built:
1955
Schools
School District:
Detroit
Interior
Cooling
Wall Unit(s)
Heating
Baseboard
Exterior
Construction Materials
Brick
Financial
Taxes
$8,378
Mortgage Calculator
Map
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12927 Plymouth Road
Detroit, MI
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