35657 Brush St

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35657 Brush St

Wayne, MI 48184
Asking Price
$1.45M
Asset Type
Multifamily
Class
Class B

What's Special

35657 Brush Street is a multifamily property located in the city of Wayne, Michigan, situated within a established residential neighborhood just south of Michigan Avenue. The surrounding area features a mix of single-family homes and small professional offices, offering a quiet suburban character. Residents have convenient access to local amenities along the nearby commercial corridors, including retail centers, dining options, and grocery stores. The property is positioned for regional connectivity, with immediate proximity to major thoroughfares like US-12 and I-275, facilitating commutes to the Detroit Metropolitan Airport and the surrounding metro employment hubs. The property is suited for a value-add investment or long-term workforce housing strategy. Its location and layout are well-matched for a diverse tenant profile, including young professionals, small families, and service-sector employees working within the Wayne-Westland area. Given the proximity to major industrial employers and health systems, the asset is positioned to capture demand from local commuters seeking efficient living spaces. The property offers a functional environment for individuals looking for residential stability within a walkable distance to municipal services and public transit routes.

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NOI
$80,000
Cap Rate
5.52%
DSCR
0.93
Underwater
Cash-on-Cash
-1.40%
Monthly Payment
$7,173.809
Annual Cash Flow
$-6,085.706

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