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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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228 Inkster Rd , Inkster, MI 48141
$650,000
Est. Payment: $1,444.44/mo
0 Bed
0 Bath
1600 Sqft
Status: Active | Days on site: 21
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432952 - 394866
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Excellent investment opportunity at 228 Inkister Road, Inkister City, featuring a fully occupied 5-unit apartment complex situated on approximately 1 acre of land. All 5 units are currently rented at $650 per month each, generating $3,250 in monthly rental income, with tenants who consistently pay on time and have had no issues. The property also offers significant future development potential, with a survey available showing the possibility of developing up to 30 units, subject to zoning and required approvals. A great opportunity for investors seeking stable rental income today with substantial upside for future expansion.
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Highlights

Listed by Ali M Beydoun , 313-598-5100 Got Key'D Realty , 313-228-5710.

Property Type

Commercial Sale
Lot/Acreage
0.37

Year Built

1950

County

Wayne

 Neighborhood

Inkster City

 School District

Wayne-Westland

Listing ID

20261067134

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Water:Public

Exterior Features
Principal Interest
$1,444
Taxes
$372

Home Price

$650,000

Loan Details

30 yrs
%

Down Payment

20%
$130,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,444.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,444.44 $372.25 $0.00 $1,816.69
Yearly $17,333.33 $4,467.00 $0.00 $21,800.33
Total $520,000.00 $134,010.00 $0.00 $654,010.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Inkster, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.