Welcome to 4535 Cadieux, an outstanding investment opportunity in the heart of Detroit's 48224 ZIP code. This property features two separate units, each generating monthly rental income for a total of $2,000 per month SECTION 8. Each unit includes one dedicated parking spot, providing added convenience for tenants.A;A;There are no… Read More association fees, and the owner does not pay for water or gas - tenants are responsible for managing their own electrical utility bills. This arrangement makes the property a truly hassle-free investment with excellent income potential.A;A;The neighborhood offers convenient access to local amenities, sitting just 0.3 miles from the Cadieux Café and less than a mile from Balduck Park's green spaces. Families will appreciate the proximity to Carleton Elementary School and East English Village Preparatory Academy, and grocery shopping couldn't be easier with Aldi just 0.6 miles away. Quick access to I-94 ensures easy commutes and connections throughout Detroit.A;A;Nestled on a welcoming, tree-lined street, this property provides both a peaceful atmosphere and the benefits of urban living. Enjoy the vibrant community known for its friendly neighbors and strong sense of security - an attractive feature for potential tenants and owners alike.A;A;If you are seeking a well-located multifamily property with proven income and low expenses, 4535 Cadieux is an exceptional choice. Discover how this property can work for you. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of JNA Real Estate, [email protected], (248) 648-0484.
Listing Snapshot
Days Online
156
Last Updated
Property Type
Multifamily
Square Ft.
1,926
Year Built
1972
MLS Number
20251030594
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
Property Access
Paved
Basement
Basement?: 0
Building
2 total units, 2 leased units, 2 one-bedroom units, Built in 1972, Architectural style: Upper/Lower Apartment, Brick, 1,926 total square feet, 1,926 combined square feet, Unit count: 2
Fireplaces
Fireplace?: 0
Foundation
Slab
Garage
Garage?: 0
Water Features
Public (Municipal)
Heating
Forced Air, Natural Gas
Lot
Lot size dimensions: 320x122
Miscellaneous
Gross scheduled income: $24,000, Income projection: Actual, Monthly rental income: $2,000, Net operating income: $20,000, Operating expense: $4,000
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