Ford, US
This meticulously maintained, all-brick 8-unit apartment building offers a compelling investment opportunity in a high-demand rental market. Each spacious two-bedroom unit is designed for tenant comfort and boasts generous living areas, ensuring consistent desirability. The property features a coin-operated laundry facility, providing an additional revenue stream. Currently, the building enjoys full occupancy with no vacancies, reflecting its strong appeal and effective management. The property is in excellent condition, with ongoing maintenance ensuring long-term durability and minimal upkeep costs. A significant value-add opportunity exists for a new investor, as current rents are below market rates. By strategically adjusting rents to align with local market trends, a buyer can increase cash flow and maximize return on investment. This turnkey property is ideal for investors seeking a stable, income-producing asset with immediate upside potential. Property sits on a double lot that could be used to build a similar building upon village approval. Contact us today to schedule a viewing and explore the financials of this exceptional investment opportunity.
Courtesy Of: Ellsbury Group LLC
Feature Highlights
- Built Before 1978
General Features
- List Date:
- 09/12/2025
Exterior Features and Amenities
- Lot Size Dimensions:
- 150 x 150 x 150 x 150
Financial
- Days On Market:
- 7
- Tax Annual Amount:
- $8,100.00
- Tax Year:
- 2024
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of MRED LLC. Real Estate listings held by brokerage firms other than Hometown Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated: 2025-12-19.
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