6022-6028 Appoline, Dearborn, MI 48126
Local realty services provided by:ERA Prime Real Estate Group
6022-6028 Appoline,Dearborn, MI 48126
- - Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: ali t charara, ali h ayoub
Office: century 21 curran & oberski
MLS#:20261045671
Source:MI_REALCOMP
Sorry, we are unable to map this address
Price summary
- Price:
About this home
6022–6028 APPOLINE PRESENTS A STRONG, FULLY OCCUPIED 4-UNIT MULTIFAMILY OPPORTUNITY IN DEARBORN.? THE PROPERTY CONSISTS OF FOUR SPACIOUS 1-BEDROOM / 1-BATH UNITS, APPROXIMATELY 800 SQUARE FEET EACH, WITH CURRENT GROSS INCOME OF $3,515 PER MONTH.? THE MOST RECENT LEASE WAS SIGNED AT $915 PER MONTH, SHOWING CLEAR RENTAL UPSIDE AS IN-PLACE RENTS REMAIN BELOW MARKET.?
THE BUILDING HAS BENEFITED FROM MEANINGFUL CAPITAL IMPROVEMENTS, INCLUDING HVAC REPLACEMENT WORK BY DETROIT FURNACE IN 2021, MAJOR PLUMBING UPGRADES BY FROST & KRETSCH FROM 2020–2021, NEW FRONT PORCH STEPS AND MASONRY IN 2022, AND EXTERIOR REPAIRS COMPLETED FOR THE CITY OF DEARBORN CERTIFICATE OF OCCUPANCY IN 2020.? APPLIANCES HAVE ALSO BEEN REPLACED AS UNITS TURNED OVER.?
TENANCY IS STABLE, WITH ZERO MOVE-OUTS SINCE 2023.? CURRENT TENANTS AVERAGE APPROXIMATELY FIVE YEARS IN PLACE, WITH THE LONGEST TENANT IN PLACE FOR ABOUT SEVEN YEARS.? THREE OF THE FOUR UNITS ARE CONVENTIONAL MONTH-TO-MONTH TENANCIES, PROVIDING FLEXIBILITY FOR A FUTURE OWNER-OCCUPANT OR INVESTOR.? UNIT 6028 #4 IS A HOUSING-VOUCHER TENANCY WITH APPROXIMATELY $595 OF THE $875 RENT PAID DIRECTLY BY THE HOUSING AUTHORITY AND CONSISTENT PAYMENTS DATING BACK TO 2019.? WITH STABLE OCCUPANCY, DEPENDABLE INCOME, RECENT MAJOR IMPROVEMENTS, AND REAL UPSIDE THROUGH RENTAL GROWTH, THIS IS AN ATTRACTIVE DEARBORN MULTIFAMILY ASSET FOR INVESTORS OR OWNER-OCCUPANTS SEEKING INCOME AND FLEXIBILITY.?...
Contact an agent
Home facts
- Year built:1927
- Listing ID #:20261045671
- Added:80 day(s) ago
- Updated:September 06, 2026 at 07:06 AM
Rooms and interior
- Total bathrooms:4
- Full bathrooms:4
- Basement Description:Unfinished
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1927
- Architectural Style:Colonial
- Construction Materials:Brick
- Foundation Description:Basement, Block
- Levels:Two
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:
- Tax amount:$6,425
New listings near 6022-6028 Appoline
- New
$193,000Active2 beds 1 baths1,096 sq. ft.3415 Williams Street, Dearborn, MI 48124
MLS# 20261071609Listed by: THE PRIORITY GROUP - New
$149,999Active3 beds 2 baths2,132 sq. ft.3806 Williams Street, Dearborn, MI 48124
MLS# 20261071164Listed by: KELLER WILLIAMS LEGACY - New
$344,999Active3 beds 2 baths1,776 sq. ft.19036 Outer Drive, Dearborn, MI 48128
MLS# 20261071535Listed by: CENTURY 21 CURRAN & OBERSKI - New
$499,900Active5 beds 3 baths2,912 sq. ft.5001 Reuter Street, Dearborn, MI 48126
MLS# 20261071490Listed by: REAL ESTATE ONE-DBN HTS/DBN - New
$149,999Active3 beds 1 baths1,478 sq. ft.5159 Argyle Street, Dearborn, MI 48126
MLS# 20261071441Listed by: BERKSHIRE HATHAWAY HOMESERVICES KEE REALTY BHAM - New
$379,900Active3 beds 2 baths2,004 sq. ft.21726 Gregory Street, Dearborn, MI 48124
MLS# 20261070616Listed by: RE/MAX TEAM 2000 - New
$195,000Active3 beds 2 baths1,696 sq. ft.2950 Mckinley Street, Dearborn, MI 48124
MLS# 81026047154Listed by: PERFECT FIT REALTY GROUP LLC - New
$639,900Active4 beds 3 baths3,281 sq. ft.439 N Vernon Street, Dearborn, MI 48128
MLS# 20261071267Listed by: RE/MAX TEAM 2000 - New
$110,000Active2 beds 1 baths975 sq. ft.21800 Morley Avenue #808, Dearborn, MI 48124
MLS# 20261071253Listed by: NATIONAL REALTY CENTERS, INC - New
$320,000Active3 beds 2 baths1,837 sq. ft.6160 Kendal Street, Dearborn, MI 48126
MLS# 20261070407Listed by: ARG REALTY