4 Unit Commercial Mixed Use Multi Family Apartment Building!! 15% CAP!

I have a commercial/mixed-use property for sale for $137,850. Be a part of the Detroit revival with solid investments that have no capital improvement requirement, and will yield excellent returns! CAP rates that are unheard of these days even for Detroit! Linwood Street: 4 unit mixed use (2 retail storefronts + 2 two bedroom apartments upstairs) Art studio, beauty salon, and two 2 bed/1bath apartments $2,240 gross rent Taxes: ~$1,700 Water: ~$2,000/yr Major updates: 2 brand new hot water tanks in 2017. All boilers serviced in 2017, work great. Tenants: 2 commercial tenants & 2 residential apartment tenants Rents: From $500 to $700 Occupancy: nearly 100% for past 3 years Utilities: All are separately metered, so tenants pay gas + electric! Water is the only utility we pay as a landlord! CAP Rate: 15-16% Management: I self manage via my cell phone, extremely easy even when you travel or are on vacation. But you must have prior real estate experience in like markets, or have a decent property manager. It helps that they're all commercial, as they do a majority of improvements and repairs themselves as most have been long time tenants. Buildings don't need any work. I've done minor repairs, new boilers, new hot water tanks, etc. to some of the units. Nothing is needed minus some cosmetic things if you desire to upgrade, and very sound structurally (roof, windows, furnace/water tanks). All the buildings were previously meticulously cared for with each having an owner occupant for decades. All were built in the 1920's, to 1950's. I am just testing the waters on the sale this summer as I saw no like properties for sale, especially with this consistent cash flow. As it nears spring I will be putting these up on the MLS, at a higher price point. So send me a message and let's see if we can work out a deal! PLEASE note the following when responding to this ad: - If the ad is up, yes, the properties are still available for sale. - Cash ONLY! - Please provide your NAME & PHONE when you respond to the ad! A brief background of your experience would help as well! - Proof of Funds & NDA needed prior to providing an address or scheduling a visit.