Investment opportunity in Detroit! This multifamily home features two units and includes the side lot at 221 Chandler. The upper unit has been updated and offers 1 bedroom and 1 bathroom with hardwood flooring throughout. The lower unit needs some work but provides 2 bedrooms and 1 bathroom, making it… Read More a great value-add opportunity. Located close to downtown Detroit, this property is in a prime location for future growth and rental potential. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of REALTEAM Real Estate, (586) 580-8092
Listing Snapshot
Days Online
206
Last Updated
Property Type
Multifamily
Square Ft.
1,749
Lot Size
0.14 Acres
Year Built
1914
MLS Number
20251035110
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
Basement
Unfinished, Basement?: 1
Building
2 total units, 1 leased unit, 1 one-bedroom unit, 1 two-bedroom unit, Built in 1914, Architectural style: Colonial, Brick, 1,749 total square feet, 1,749 combined square feet, 881 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: 0.14, Lot size dimensions: 50X125
Miscellaneous
Gross scheduled income: $15,600, Income projection: Projected, Monthly rental income: $1,300, Net operating income: $15,600
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