18657 Binder Street, Detroit, MI 48234 1978
18657 Binder Street, Detroit, MI 48234 1978
18657 Binder Street, Detroit, MI 48234 1978
18657 Binder Street, Detroit, MI 48234 1978
18657 Binder Street, Detroit, MI 48234 1978
18657 Binder Street, Detroit, MI 48234 1978
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Shannon Bagdonas

Shannon Bagdonas

+1(313) 766-8387
$ 141,500
Est. payment | /mo

2 Baths

1,500 SqFt

Save
$ 141,500
Est. payment | /mo
Save

2 Baths

1,500 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $94

Subdivision Mi

MLS Listing ID 61038763

Style 2 Story

Full Baths 2

Year Built 1925

Annual Tax Amount $1,055

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 30X133

Property Sub-Type Multi-Family

Property Description

Look no further than this beautiful 2 unit established rental income Duplex, and an opportunity to expand your investment portfolio. Offered at $141,500, this fully occupied duplex in Hamtramck, currently generates $1,800 in combined monthly rent--$21,600 annually--with an approximate 15.3% gross rental yield before expenses. Each unit features two bedrooms, one full bathroom, a kitchen, living room, and dining room, offering functional layouts across approximately 1,500 square feet. Renovated in 2017, the property includes a covered front porch, enclosed backyard, and an unfinished basement with laundry space. Convenient access to parks, shopping, and major freeways adds to its rental appeal. Tenant occupied; showings require at least 48 hours' advance notice. Buyer and buyer's agent to verify all property information, rental income, and expenses.

Location

State MI

County Wayne

Area Detroit (82001)

Zoning Multi-Family

Rooms

Basement Poured

Interior

Heating Other-See Remarks

Cooling Ceiling Fan(s), Other

Fireplace No

Exterior

Exterior Feature Aluminum

Amenities Available Laundry Facility

Building

Story 2 Story

Foundation Basement

Water Public Water

Structure Type Aluminum

Schools

School District Detroit City School District

Others

Ownership Private

Financing Cash,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by EXP Realty Main

Schools and Properties Nearby

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Shannon Bagdonas
Shannon Bagdonas

Founder | Broker Partner

+1(313) 766-8387

movinginmichigan.net

6838 Park Ave, Allen Park, MI 48101-2036, USA

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18657 Binder Street