Turnkey 2-unit property located at 415 Mt Vernon in Detroit's rapidly developing North End. Each unit features 2 bedrooms and 1 full bath, fully renovated with updated roof, windows, electrical, plumbing, furnace, water heater, and fresh exterior paint. The home sits on a fully fenced double lot, with 403 and… Read More 407 Mt Vernon included in the sale perfect for added outdoor space, parking, or future development. A new Back porch adds charm, and gated off-street parking is available. Long-term tenants in place generating steady income. Do not disturb tenants. Showings will be scheduled only after an accepted offer. Located near the Q-Line, Fisher Building, and just minutes from New Center, Midtown, and Downtown. Some of the photos are prior to leasing. BATVAI Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of KW Domain, (248) 590-0800
Listing Snapshot
Days Online
291
Last Updated
Property Type
Multifamily
Square Ft.
1,853
Lot Size
0.24 Acres
Year Built
1915
MLS Number
20251009087
30 Days Snapshot Of 48202
$98k
+17%
(avg) sold price
9
0%
homes sold
89
-40%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved, Alley
Basement
Unfinished, Basement?: 1
Building
2 total units, 2 leased units, 2 two-bedroom units, Built in 1915, Remodelled in 2020, Architectural style: Colonial, Wood, 1,853 total square feet, 1,853 combined square feet, 923 total basement square feet, Unit count: 2
Cooling
Central Air
Exterior Features
Fenced
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 0
Water Features
Public (Municipal)
Heating
Forced Air, Natural Gas
Lot
Lot size area: 0.24, Lot size dimensions: 99.9X110
Miscellaneous
Gross scheduled income: $28,200, Income projection: Actual, Monthly rental income: $2,350, Net operating income: $23,700, Operating expense: $4,500
Pool
Pool?: 0
Property
Property type: Multifamily
Taxes
Tax amount (summer): $30, Tax amount (winter): $4
Sewer
Sewer (Sewer-Sanitary)
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