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Julius Harris

julius.harris@exprealty.com +1(248) 910-9991

$ 69,999

Est. payment | -/mo

2 Baths

1,540 SqFt

Save

$ 69,999

Est. payment | -/mo

Save

2 Baths

1,540 SqFt

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 1,540 sqft

Price per Sqft $45

Subdivision Elite Gardens

MLS Listing ID 20261036812

Style Duplex

Full Baths 2

Year Built 1927

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type MultiFamily

Property Description

Incredible Turn-Key Investment Opportunity or House-Hacking Potential! Welcome to this income-generating multifamily property perfectly located just minutes from Downtown Detroit. This well-maintained duplex features two distinct units, providing immediate cash flow. The spacious lower unit offers 2 bedrooms and 1 bathroom, currently renting for $800/mo. The charming upper unit features 1 bedroom and 1 bathroom, currently renting for $750/mo. Both units have substantial value-add potential, with fair market rents in the immediate area averaging $1,000–$1,200 per unit!Major capital improvements have already been done for you, including two brand-new furnaces installed within the last two years, newer updated plumbing, and windows that are only 5 years old. Property features a low-maintenance yard with no garage to maintain. Unbeatable location with quick access to major freeways and local shopping hubs. Don't miss out on adding this Detroit gem to your portfolio!

Location

State MI

County Wayne

Area Area05054Det8Togratiothoustonto7

Rooms

Basement Unfinished

Interior

Heating Forced Air, Natural Gas

Fireplace No

Exterior

Pool None

View Y/N No

Garage false

Building

Foundation Basement, Poured

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard

Pets Allowed Yes

Listed by Dwayne Robinson of RE/MAX Dream Properties

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(248) 910-9991

julius.harris@exprealty.com

39555 Orchard Hill Place, Suite 600, Novi, Michigan, 48375

14622 Faircrest ST Detroit, MI 48205