Welcome your next Smart Investment in Detroit. This well-built multi family duplex offers immediate rental income with 2 fully leased units generating $2,000 per month. Professional management already in place for a hands off income producing investment!Both tenants are on month to month leases to ensure safe of mind and… Read More offer flexibility while enjoying the consistent cash flow from day 1!Spanning 2065 Sq Ft. of thoughtfully redesigned space, each unit offers 2 bedrooms and 1 updated bathroom. The updates create a comfortable home attracting and retaining tenants. The solid construction and quality of the build are evident throughout this historic home while the updates bring this home into the modern age with an inviting and comforting feel.Appliances are tenant owned.DO NOT DISTURB TENANTS without showing. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of CJR Realty, [email protected], (313) 213-3842.
Listing Snapshot
Days Online
48
Last Updated
Property Type
Multifamily
Square Ft.
2,165
Lot Size
0.1 Acres
Year Built
1928
MLS Number
20261031673
30 Days Snapshot Of 48227
$79k
+17%
(avg) sold price
31
+6%
homes sold
90
+12%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Unfinished, Basement?: 1
Building
2 total units, 2 leased units, 2 two-bedroom units, Built in 1928, Architectural style: Traditional, Brick, Metal Siding, 2,165 total square feet, 2,165 combined square feet, 1,025 total basement square feet, Unit count: 2
Exterior Features
Awning/Overhang(s)
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 0
Water Features
Water at Street
Heating
Forced Air, Separate Meters, Natural Gas
Interior Features
High Spd Internet Avail
Lot
Lot size area: 0.10, Lot size dimensions: 37.5X112.94
Miscellaneous
Gross scheduled income: $24,000, Income projection: Actual, Monthly rental income: $2,200, Net operating income: $20,000
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