INVESTORS LOOKING FOR A CASH FLOWING HOLD IN AN AREA WITH FAST GROWING EQUITY POTENTIAL!A;Duplex with one unit rented at $1000. Other unit JUST vacated July 2025 was getting $1000. Professionally managed and maintained. Positioning in Morningside with access to retail, services and minutes from the Pointes, Bell Isle and… Read More downtown. A;A;Land Contract Terms Available. A;Land Contract minimum 50% down 48 months 7.5% interest, buyer to assume all taxes and insurance and furnish proof to seller. A;Balloon due at end of 48 month term. A;Deed in lieu of foreclosure after one month without payment. A;Late payment penalty $100. A;Call for appointment details, do not disturb tenants. A;BATVAI Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of RE/MAX Leading Edge, [email protected], (313) 277-7777.
Listing Snapshot
Days Online
217
Last Updated
Property Type
Multifamily
Square Ft.
2,200
Year Built
1942
MLS Number
20251011084
30 Days Snapshot Of 48224
$80k
-20%
(avg) sold price
39
-15%
homes sold
98
+8%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Brick, 2 total units, 1 leased unit, 2 two-bedroom units, Built in 1942, Architectural style: Colonial, Vinyl, 2,200 total square feet, 2,200 combined square feet, 900 total basement square feet, Unit count: 2
Property Access
Paved
Basement
Unfinished, Basement?: 1
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 0
Water Features
Water at Street
Heating
Forced Air, Natural Gas
Lot
Lot size dimensions: 30X124
Miscellaneous
Gross scheduled income: $1,000, Income projection: Actual, Monthly rental income: $1,000, Net operating income: $17,500
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