Ferretti Group presents 4072 Blaine a rare 4 Unit apartment building located in the Petoskey-Otsego neighborhood in Detroit. This Property features 4 (2) bedroom units and a full basement. All gas and electric for each apartment is metered separately. 3 of the units have been cleaned out and whit boxed ready for the developers finishing touches. This property is all brick and has a newer roof with all new plywood, new aluminum trim and gutters. The heavy lifting on this property is done. When renovations are complete and tenants are placed, this property is projected to generate $48,000+ in annual cash flow operating at a 10.3% cap rate. There is much development going on including the $59M of Lee Plaza. For more information about construction crews and building and ask about Ferretti Speed Builds for a full construction plan.