REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 130,000
Est. payment | /mo
2 Baths
1,964 SqFt
$ 130,000
Est. payment | /mo
2 Baths
1,964 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,964 sqft
Price per Sqft $66
Subdivision Mi
MLS Listing ID 61003047
Style 2 Story
Full Baths 2
Year Built 1929
Annual Tax Amount $4,255
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 40X124
Property Sub-Type Multi-Family
Property Description
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 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!
Location
State MI
County Wayne
Area Detroit (82001)
Interior
Heating Radiant
Fireplace No
Exterior
Exterior Feature Brick
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional,FHA,VA
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Toman & Co LLC
Schools and Properties Nearby
Learn More About LPT Realty
Shannon Bagdonas
Team Lead / Broker Partner