Fully renovated, turnkey multifamily opportunity in Detroit! This 4-bedroom, 2-bath property is currently operating as a successful short-term rental generating approximately $5,000 per month, offering immediate cash flow for investors or owner-occupants alike. The property has been completely updated throughout, providing a modern, low-maintenance asset ready for continued Airbnb use… Read More or long-term rental conversion.A;A;The flexible layout allows for multiple income strategies, with the potential to add a third unit in the basement to further increase revenue and overall value. Ideal for house hackers, short-term rental investors, or those looking to expand their portfolio with a proven income-producing property.A;A;Located in a strong rental area with consistent demand, this is a rare opportunity to acquire a fully renovated, income-generating asset with additional upside. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of Keller Williams Realty-Great Lakes, (586) 541-4000
Listing Snapshot
Days Online
4
Last Updated
Property Type
Multifamily
Square Ft.
1,934
Lot Size
0.09 Acres
Year Built
1939
MLS Number
20261020736
30 Days Snapshot Of 48221
$156k
-12%
(avg) sold price
23
-17%
homes sold
79
-19%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Partially Finished, Basement?: 1
Building
2 total units, 2 leased units, 2 two-bedroom units, Built in 1939, Architectural style: Duplex, Brick, 1,934 total square feet, 3,868 combined square feet, 1,934 lower floor square feet, 1,934 total basement square feet, Unit count: 2
Cooling
Central Air
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 0
Water Features
Public (Municipal)
Heating
Forced Air, Natural Gas
Lot
Lot size area: 0.09, Lot size dimensions: 32X128.44
Miscellaneous
Gross scheduled income: $0, Income projection: Projected, Monthly rental income: $0, Net operating income: $0
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