Excellent multifamily investment opportunity in Detroit! This tenant-occupied property features two spacious units, each offering 4 bedrooms and 2 bathrooms. Both units showcase hardwood flooring throughout, providing character and durability. Conveniently located near downtown Detroit, this property is ideal for investors looking to expand their portfolio with income-producing real estate… Read More in a prime location. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of REALTEAM Real Estate, (586) 580-8092
Listing Snapshot
Days Online
209
Last Updated
Property Type
Multifamily
Square Ft.
4,000
Lot Size
0.15 Acres
Year Built
1917
MLS Number
20251034991
30 Days Snapshot Of 48202
$99k
-15%
(avg) sold price
9
+12%
homes sold
100
-34%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Unfinished, Basement?: 1
Building
2 total units, 2 leased units, Built in 1917, Architectural style: Colonial, Brick, 4,000 total square feet, 4,000 combined square feet, 1,906 total basement square feet, Unit count: 2
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 0
Water Features
Public (Municipal)
Heating
Forced Air, Natural Gas
Lot
Lot size area: 0.15, Lot size dimensions: 45X143.83
Miscellaneous
Gross scheduled income: $50,340, Income projection: Projected, Monthly rental income: $4,195, Net operating income: $50,340
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