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3026 Lothrop Street

Detroit, MI 48206
Square Ft.
2,054
$139,900
Excellent opportunity for investors or owner-occupants! This tenant-occupied multifamily property offers an established income stream from day one. Each unit features 2 bedrooms, 1 full bath, and a kitchen, along with an unfinished basement. Current rents are $800/month for the upper unit and $1,100/month for the lower unit. Both tenants… Read MoreRead Less
Provided through IDX through Realcomp II Ltd. Courtesy of EXP Realty Main, [email protected], (888) 501-7085.
Listing Snapshot
Days Online
23
Last Updated
Property Type
Multifamily
Square Ft.
2,054
Lot Size
0.08 Acres
Year Built
1926
MLS Number
20261073681
30 Days Snapshot Of 48206
$201k
+70%
(avg) sold price
18
+12%
homes sold
95
+10%
(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 1926, Architectural style: Colonial, Duplex, Brick, 2,054 total square feet, 2,054 combined square feet, 1,027 total basement square feet, Unit count: 2
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 0
Water Features
Public (Municipal)
Heating
Steam, Natural Gas
Lot
Lot size area: 0.08, Lot size dimensions: 30X120
Miscellaneous
Gross scheduled income: $22,800, Income projection: Actual, Monthly rental income: $1,900, Net operating income: $22,800
Pool
Pool?: 0
Property
Property type: Multifamily
Taxes
Tax amount (summer): $1,788, Tax amount (winter): $2,128
Sewer
Sewer (Sewer-Sanitary)
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Monthly Payment
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Garrett Blair
Broker
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Schools In The Area

Check out nearby schools with ratings and contact info.
Thirkell Elementary-Middle School 313-596-0990 Public KG-8
Northwestern High School 313-596-0700 Public 9-12
Thirkell Elementary-Middle School 313-596-0990 Public KG-8
Thirkell Elementary-Middle School 313-596-0990 Public KG-8
Thirkell Elementary-Middle School 313-596-0990 Public KG-8
Northwestern High School 313-596-0700 Public 9-12

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IDX provided courtesy of Realcomp II Ltd., via Douglas Rose Realty and Garrett Blair, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

IDX provided courtesy of Realcomp II Ltd., via Douglas Rose Realty and Garrett Blair, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

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