Great Investment Opportunity: 13-Unit Apartment Complex in Oakman Historical DistrictCheck out this fantastic 13-unit apartment building in the Oakman Historical District of Detroit. It’s a solid investment with 10 out of the 13 units currently rented, so you’ll start earning right away!Taxes $3,800 annuallyInsurance $6,000 annuallyGas $12,000 annuallyElectric $2,400 AnnuallyWater $9,600 annuallyUnits 1, 7, 3, 10 are vacantUnit 2 the building manager lives in and would like to stay, he takes care of the building and grounds in exchange for housing, has been there 20 yearsunits 6 and 13 pay $600 monthlyremaining units pay $500 monthlyBoiler in basement, original plumbing, fixed when needed and well maintained, newer electrical boxesNot a government rent controlled building and no tenants are section 8All units are the same layout, 1 bed 1 bath, some have carpet, some have wood floors. Tenants pay electric and cooking gas. windows are 4 years old, roof is under 10 years oldLocated in a charming historic neighborhood with lots of character.This property combines historical appeal with recent upgrades and offers great rental income potential. It’s a smart choice for anyone looking to invest in a growing area!