Fantastic investment opportunity on Detroit's west side! This well-maintained up-and-down duplex features two units, each offering 2 bedrooms and 1 full bath. The upper unit is currently tenant-occupied, generating $900/month in rental income, while the lower unit is vacant and ready for an owner-occupant or new tenant.Recent updates have been… Read More completed, making this property a great addition to any investment portfolio. Market rents in the area are approximately $1,250 per month per unit, providing strong upside potential for increased cash flow.Perfect for a buyer looking to live in one unit while offsetting their mortgage with rental income from the other, or for an investor seeking a turn-key income-producing property with immediate revenue and additional value-add potential. Conveniently located on Detroit's west side with easy access to major roads, shopping, dining, and local amenities.Don't miss this opportunity to own a versatile multi-family property with income potential from day one! Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of Toman & Co LLC, [email protected], (734) 883-6906.
Listing Snapshot
Days Online
6
Last Updated
Property Type
Multifamily
Square Ft.
1,964
Lot Size
0.12 Acres
Year Built
1929
MLS Number
20261045472
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, 1 leased unit, 2 two-bedroom units, Built in 1929, Architectural style: Upper/Lower Apartment, Brick, 1,964 total square feet, 1,964 combined square feet, 1,004 total basement square feet, Unit count: 2
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 0
Water Features
Public (Municipal)
Heating
Radiant, Natural Gas
Lot
Lot size area: 0.12, Lot size dimensions: 40X124
Miscellaneous
Gross scheduled income: $10,800, Income projection: Projected, Monthly rental income: $900, Net operating income: $10,800
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