Rare turnkey duplex in the highly coveted East English Village! This solid two-unit multifamily offers immediate cash flow with two reliable, long-term tenants already in place. Investors will appreciate the significant upside potential to increase existing below-market rents in a high-demand Detroit neighborhood.A;The property features separate HVAC systems and water… Read More heaters for each unit, keeping utility management simple: tenants pay gas and electricity, while the owner covers water. Exterior updates include new gutters installed in Summer 2025, ensuring a low-maintenance ownership experience.A;Residents enjoy off-street parking, a private garage, and a spacious backyard with a dedicated recreation area - perfect for urban living. With strong equity potential and a prime location, this is a set it and forget it addition to any portfolio. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of EXP Z Real Estate, [email protected], (248) 937-1337.
Listing Snapshot
Days Online
8
Last Updated
Property Type
Multifamily
Square Ft.
2,309
Lot Size
0.11 Acres
Year Built
1929
MLS Number
20261014895
30 Days Snapshot Of 48224
$67k
-11%
(avg) sold price
45
-4%
homes sold
61
-30%
(avg) days on market
Snapshot
Area Map
Additional Details
Garage
Garage?: 0
Water Features
Common, Public (Municipal)
Property Access
Paved
Basement
Unfinished, Basement?: 1
Building
3 total units, 2 leased units, 1 two-bedroom unit, 1 three-bedroom unit, Built in 1929, Architectural style: Colonial, Brick, 2,309 total square feet, 2,309 combined square feet, 1,261 total basement square feet, Unit count: 3
Exterior Features
Awning/Overhang(s)
Fireplaces
Fireplace?: 0
Foundation
Basement
Heating
Forced Air, Hot Water, Natural Gas
Lot
Lot size area: 0.11, Lot size dimensions: 40X123.49
Miscellaneous
Gross scheduled income: $240,000, Income projection: Actual, Monthly rental income: $2,000, Net operating income: $240,000
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