Beautiful, Spacious Brick Tudor-style Multifamily located in Detroit's highly sought after Bagley neighborhood, near the Avenue of Fashion.A;A;In this 2 Family Home: The 1st flr unit features hardwood floors throughout, 3 bedrooms, 1 full bathroom, kitchen with nook, dining room, and living room with fireplace. 2nd Flr unit features hardwood… Read More floors throughout, 2 bedrooms, 1 full bathroom, kitchen with nook, dining room, living room with fireplace, and both front and rear balcony! This property features a HUGE basement with easy potential to make a 3rd unit or just additional living or storage space. A;A;Both units are UPDATED and have CENTRAL AIR systems! They also both have IN UNIT LAUNDRY area with washer & dryer. A;A;ALL APPLIANCES STAY!!!A;A;This home has a nice balance of original character and modern updates. It offers great versatility for investors or owner-occupants. Not only is this ABSOLUTELY TURNKEY READY to bring in lucrative cash flow as a Short Term/Mid Term Rental, Transitional Housing, Sober Living Home, Veteran Housing or College Student Housing etc which can all easily yield income of 5k-15k monthly...This property can also be a perfect fit for a house hacker wanting a nice place to live & also rent out. Or it can be just 1 big family compound.A;A;What makes this property so turn key besides the renovated condition? The fact that it is FULLY FURNISHED and FULLY STOCKED with all supplies, materials etc a business owner would need to run any of the above listed types of homes for you to immediately start making money! All that you see is included in the sale, making this a very RARE OPPORTUNITY! A;A;Will be available for showings starting 3/6. Don't miss out. Get your highest & best offer in! Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of EXP Realty Main, (888) 501-7085
Listing Snapshot
Days Online
37
Last Updated
Property Type
Multifamily
Square Ft.
2,978
Lot Size
0.11 Acres
Year Built
1930
MLS Number
20261012712
30 Days Snapshot Of 48221
$159k
-17%
(avg) sold price
24
-20%
homes sold
77
-18%
(avg) days on market
Snapshot
Area Map
Additional Details
Heating
Natural Gas, Forced Air
Property Access
Paved
Basement
Unfinished, Basement?: 1
Building
2 total units, 1 two-bedroom unit, 1 three-bedroom unit, Built in 1930, Architectural style: Colonial, Brick, 2,978 total square feet, 2,978 combined square feet, 1,623 total basement square feet, Unit count: 2
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 0
Water Features
Water at Street
Lot
Lot size area: 0.11, Lot size dimensions: 39X120
Miscellaneous
Gross scheduled income: $60,000, Income projection: Projected, Monthly rental income: $5,000, Net operating income: $50,000
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Confirm your time
Fill in your details and we will contact you to confirm a time.