Prime Investment Opportunity Income-Producing Triplex Morningside NeighborhoodSeize this rare chance to own a cash-flowing triplex in the sought-after Morningside neighborhood, generating $2,200 - $2,400 in monthly rental income. This solid brick colonial move in ready features large picture windows across all three units, with a warm mix of hardwood floors… Read More and area rugs and ceiling fans throughout. Furnace less than 5 years old along with updated water heater.The first-floor unit delivers 3 bedrooms, a full bath, and an oversized kitchen that opens to a dining area with a stylish counter bar. The second floor houses two separate one-bedroom units, each with its own full bath and kitchen. Every unit offers private front and side entrances, plus access to a spacious basement ready for storage or additional living space. Each unit carries its own separate meter.This property sits in a prime location near I-94 and just minutes from Grosse Pointe, making it a strong draw for quality tenants. The seller is highly motivated. Bring your best offer!All offers must include the following as an attached PDF file:Purchase Agreement,Proof of Funds or Pre-Approval Letter,Agency Disclosure,Lead-Based Paint (LBP) Disclosure,Seller's Disclosure,All buyers must bring a licensed real estate agent. BATVAI. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of Community Choice Realty Associates, LLC, [email protected], (734) 992-5515.
Listing Snapshot
Days Online
19
Last Updated
Property Type
Multifamily
Square Ft.
2,708
Lot Size
0.1 Acres
Year Built
1927
MLS Number
20261067210
30 Days Snapshot Of 48224
$98k
+15%
(avg) sold price
42
-23%
homes sold
90
-11%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Unfinished, Basement?: 1
Building
3 total units, 2 one-bedroom units, 1 two-bedroom unit, Built in 1927, Remodelled in 2026, Architectural style: Duplex, Brick, 2,708 total square feet, 4,066 combined square feet, 1,358 lower floor square feet, 1,358 total basement square feet, Unit count: 3
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 0
Water Features
Public (Municipal)
Heating
Hot Water, Steam, Natural Gas
Lot
Lot size area: 0.10, Lot size dimensions: 40X112.5
Miscellaneous
Gross scheduled income: $28,800, Income projection: Projected, Monthly rental income: $2,400, Net operating income: $24,300, Operating expense: $4,500
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