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Updated 3 hours ago

Multi-family

5060 Lakewood St Apt 6 Detroit, MI

1 Bed

•

1 Bath

•

700 Sq. Ft.

Floor plans

1 beds (1)

1 Bed • 1 Bath

$720

700 ft²

1 Available

Managed By: Mutual Property Management

Multi-family

$720

Available: Ask

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2 beds (0)

2 Beds • 1 Bath

$795

1111 ft²

0 Available

Managed By: Beal Properties

-

$795

Rented

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Property details

Description

This beautiful unit comes with 1 bedroom and 1 bathroom. There are stunning carpet floors throughout. Inquire to apply! Text 'Application' to 313-306-4939.

Additional Details

Contact Name: Hassan H

Total Unit Count: 1

Last Updated: Updated 3 hours ago

Contact Number: (313) 462-2434

Property manager information

Mutual Property Management

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$720

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Affordability

To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.

View suggested annual incomes for Multi-family by bedroom type below.

1 Bedroom

Suggested income:

$25,900

per year

Rent report

Multi-family Rent vs. Detroit Average

Multi-family Detroit Average

1BR

$720

$1,423

$0

$500

$1,000

$1,500

$2,000

Multi-family is asking 49% less than the average 1 bedroom apartment in Detroit.

If you upsized to an average priced Detroit 2 bedroom apartment, you would pay 7% more per month.

If you downsized to an average priced Detroit studio apartment, you would pay 11% less per month.

Multi-family provides 38% less square footage than the average Detroit 1 bedroom apartment.

	Monthly Rent	Rent per Sq. Ft.	Suggested Monthly Income
Multi-family
1BR	$720	$1.00	$2,160
Detroit Average
Studio	$1,281	$2.30	$3,842
1BR	$1,423	$1.30	$4,268
2BR	$1,524	$1.40	$4,571
3BR	$1,267	$1.10	$3,801
4BR	$1,516	$1.10	$4,547

Availability in Detroit

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 429 1BR units on the market in Detroit. If you're looking to negotiate, this may be your best option.

Studio

1BR

2BR

3BR

4BR

Available Units in Detroit
Studio	136
1BR	429
2BR	288
3BR	240
4BR	28

Location

Nearby Colleges

Wayne State University

Wayne County Community College District

Macomb Community College

University Of Detroit Mercy

Nearby Hospitals

Name Distance

Beaumont Hospital Grosse Pointe 2.48 mi.

Ascension St John Hospital 2.83 mi.

Select Speciality Hospital Grosse Point 2.87 mi.

Nearby Fire Stations

Name Distance

Grosse Pointe Park Department Of Public Safety 1.79 mi.

Grosse Pointe Park Department Of Public Safety 1.84 mi.

Gordon Rural Fire Protection District 2.06 mi.

FAQs

Is this property currently leasing units?

Yes, there is 1 unit available at this property.

How many units are move-in ready in the next 2 months?

There are no units with move-in dates in the next 2 months.

What's the square footage of the available units?

It's 700 square feet.

Does this property allow cats or dogs?

The property manager did not submit a pet policy with this listing.

Where is this property located?

This property is at 5060 Lakewood St Apt 6 in Detroit, MI. It's 6.1 miles northeast from the center of Detroit.

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