6037 Appoline Street, Dearborn, MI 48126

Dearborn
Local realty services provided by:ERA Prime Real Estate Group
6037 Appoline Street,Dearborn, MI 48126
$465,000
  • - Beds
  • 5 Baths
  • 2,214 sq. ft.
  • Multi-family
  • Pending
Listed by: ali t charara
Office: century 21 curran & oberski
MLS#:20261045677
Source:MI_REALCOMP

Price summary

  • Price:$465,000
  • Price per sq. ft.:$210.03

About this home

EXCELLENT 5-UNIT MULTIFAMILY INVESTMENT OPPORTUNITY LOCATED AT 6037 APPOLINE. THIS WELL-MAINTAINED BUILDING OFFERS A STRONG UNIT MIX, STABLE TENANCY, AND CLEAR UPSIDE THROUGH LEASING THE CURRENT VACANT UNIT. FOUR OF THE FIVE UNITS ARE OCCUPIED WITH CURRENT GROSS RENT OF $3,550 PER MONTH, AND THE LARGEST 1-BEDROOM UNIT, APPROXIMATELY 700 SF, IS CURRENTLY BEING MARKETED AT $925–$950 PER MONTH. THE PROPERTY HAS BENEFITED FROM SEVERAL IMPORTANT IMPROVEMENTS, HIGHLIGHTED BY A FULL BOILER REPLACEMENT COMPLETED IN 2021 WITH CITY CERTIFICATION. THIS IS ONE OF THE STRONGEST CAPITAL IMPROVEMENTS ON THE BUILDING. ADDITIONAL UPDATES INCLUDE UNIT RENOVATIONS, FLOORING UPDATES, BATHROOM AND KITCHEN IMPROVEMENTS, AND EMERGENCY/EXIT LIGHTING INSTALLED FOR THE CERTIFICATE OF OCCUPANCY. APPLIANCES HAVE ALSO BEEN REPLACED AS NEEDED ON TURNOVER. WITH TWO LEASES COMMITTED THROUGH 2026 AND 2027, LONG-TERM TENANTS IN PLACE, ON-SITE LAUNDRY, AND RENTAL UPSIDE WITH UNIT 4, THIS PROPERTY OFFERS BOTH IMMEDIATE...

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Home facts

  • Year built:1930
  • Listing ID #:20261045677
  • Added:33 day(s) ago
  • Updated:July 21, 2026 at 02:00 PM

Rooms and interior

  • Total bathrooms:5
  • Full bathrooms:5
  • Basement Description:Unfinished
  • Living area:2,214 sq. ft.

Heating and cooling

  • Heating:Baseboard, Natural Gas

Structure and exterior

  • Year built:1930
  • Building area:2,214 sq. ft.
  • Lot area:0.1 Acres
  • Architectural Style:Colonial
  • Construction Materials:Brick
  • Foundation Description:Basement, Block
  • Levels:Two

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$465,000
  • Price per sq. ft.:$210.03
  • Tax amount:$6,385
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