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12880 Dolphin Street

Detroit, MI 48223
  • $600,000
  • STATUS: Active
  • ON SITE: 66 Days
  • MLS #: 20250008940
Short Sale
UPDATED: 27 min ago
$600,000
  • 0
    BEDS
  • 0.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,014
    SQFT
  • $86
    $/SQFT
Type:
Commercial
Built:
1955
County:
Zoning:
Commercial,Multi-Family
Lot Size Dimensions:
100x119x111x120

School Ratings & Info

School District:

Description

This fantastic multifamily zoned commercial property offers an exceptional opportunity for investors looking to expand their portfolio or generate steady rental income. This property features 8 well-maintained units. With a strong rental history and high demand in the area, this is a prime investment opportunity. The flexible zoning allows for a variety of uses, adding even more value for future development or growth. Whether you're looking to generate consistent rental income or explore potential for redevelopment, this property is an ideal choice. Schedule your showing today!

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IDX provided courtesy of Realcomp II Ltd. via Berkshire Hathaway HomeServices Snyder & Company, Realtors® and Realcomp II Ltd.. © 2025 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Berkshire Hathaway HomeServices Snyder & Company, Realtors® are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2025-04-19T08:57:35.02.
www.bhhssnyder.com/homes/160284660
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12880 Dolphin Street Detroit, MI 48223

  • Price: $600,000
  • Status: Active
  • On Site: 66 Days
  • Updated: 27 min ago
  • MLS #: 20250008940
0
Beds
0
Baths
0
½ Baths
0.33
Acres
7,014
SQFT
$86
$/SQFT
1955
Built
Neighborhood:
Grayton Park Manor (Plats )
County:
Wayne
Area:
Det: Joy-Schoolcraft Grnfld-Limi
School District:
DETROIT
Property Description
This fantastic multifamily zoned commercial property offers an exceptional opportunity for investors looking to expand their portfolio or generate steady rental income. This property features 8 well-maintained units. With a strong rental history and high demand in the area, this is a prime investment opportunity. The flexible zoning allows for a variety of uses, adding even more value for future development or growth. Whether you're looking to generate consistent rental income or explore potential for redevelopment, this property is an ideal choice. Schedule your showing today!
Exterior Features

Construction Materials Brick Lot Size Dimensions 100x119x111x120 Road Frontage Feet 100 Road Frontage Type Paved Waterfront YN No

Interior Features

Sq Ft Main 7014

Property Features

Assessment 100.00 Commercial Type Real Estate Only Existing Lease YN Yes Gross Scheduled Income 86400.00 Inventory Included YN No Land Contract YN No Listing Financing CashConventional Net Operating Income 68400.00 Operating Expense 18000.00 Ownership Status Short Sale - YesPrivate Owned Possession At Close Postal City Detroit Protection Period 30 Settlement City Sewer Sewer at Street Short Sale Yes Tax Amount Summer 8079.0000 Tax Amount Winter 950.0000 Title Standard (Private) Total Tax 9029.0000 Unparsed Address 12880 DOLPHIN Street Water Source Water at Street Zoning CommercialMulti-Family

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via EXP Realty Main: (888) 501-7085 and Realcomp, ©2025 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via Berkshire Hathaway HomeServices Snyder & Company, Realtors® and Realcomp II Ltd.. © 2025 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Berkshire Hathaway HomeServices Snyder & Company, Realtors® are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2025-04-19T08:57:35.02.
 
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