Here it is!! Turn-key, incoming producing duplex in the heart of the west side. New roof, plumbing, electrical and updated HVAC throughout. Lower 2 bedroom produces monthly rent of $1,200 via a direct agency payment. Upper 1 bedroom is rented for $1,000. Solid tenants are willing to sign another year lease. All appliances included. Contact Craig Brown for a showing today. BATVAI
Welcome to this exciting new offering presented by the Detroit Land Bank! This multifamily home features two spacious units, providing an excellent investment opportunity. Ideal for investors ready to restore and revitalize, this property holds great potential for generating future income. Don't miss the chance to bring this home back to life and make it a valuable asset. This property is being sold as is. Please note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests.
Two 3 bedroom, 1 bath, private entry units, separate gas and electric meters, one unit vacant ready, one unit collecting 1200 each month. This duplex is huge, over 1100 sq feet per unit, with a third level that can be converted to whatever you desire. One unit is vacant ready for a new buyer to move in or renters are lined up to rent this property at another 1200 a month, totaling a rental income of 2400 per month, almost 30k annually. This property has been fully updated from the bottom to the top- with new kitchens, bathrooms, mechanical, electrical, plumbing, new flooring throughout, and much much more. This home would be perfect for an investor looking to purchase an investment home already collect monthly rental income! Purchaser to pay 495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!
Here's your next investment property! This huge duplex is fully renovated from top to bottom! A perfect combination of modern & charm. Each unit has 3 full bedrooms and 1 full bath. Both units are vacant at the moment, yet completely updated and move in ready. You could even move into a vacant yourself and rent out the other one! You have fantastic hardwood flooring throughout, white kitchens with appliances, renovated full bathrooms and a clean, spacious, dry basement. Two furnaces, two hot water heaters, two meters. 2-car detached garage provides 1 parking space for each resident. Plus, each unit has it's own sidewalk! Don't think twice to take advantage of this fantastic turnkey rental investment opportunity!
This duplex is an incredible investment opportunity! Brand new roof, gutters and downspouts, and new kitchen appliances in each unit! It is an exceptionally well-built multi-family property located in the Oakman Boulevard Community. Each 1145 sqft unit has two 11x11 bedrooms, one 6x8 bathroom, a 12x12 dining room, 9x9 kitchen and 13x16 living room. The Detroit real estate market is on the rise, and a home in this neighborhood is sure to appreciate in value and generate a steady income. Schedule a showing today!
Great investment Property!!! Close to Henry Ford Hospital. This duplex has 2 units with 3 beds in each. There is a full bath on upper and lower unit and a 1/2bath in the basement. A couple of extra rooms for other uses and has a 2 car garage. This is a corner lot and the detached Garage is on the side. Almost 3000 sq ft there is plenty of room for 2 families to rent or lease. Currently it's vacant so you can bring in your own selected tenants. The bottom unit rented for $1,300 and owner was temporally living in the upper unit. Maybe $1,100 for upper. Partially Renovated send us your offer soon!!! Seller Motivated!!!
Incredible multifamily investment opportunity located just minutes from downtown Detroit, Henry Ford Hospital, and major amenities! Well below ARV, this spacious duplex has the potential to be a high-value flip or high cash-flowing rental. Boasting two oversized units, each features 2 bedrooms and 1 bathroom, complete with grand separate dining rooms and sprawling living rooms with classic fireplaces. Already separately metered utilities, with newer water heaters and furnaces this duplex is ideal for investors looking to expand your portfolio or settle into a home with income potential, this duplex is a must-see!
Exceptional !!! From Top to Bottom. Living rms w/ Fireplaces and shelving. Formal Dining area, Ceiling Fans and Hardwood floors thru out the units. Remodeled Kitchens. Newer doors, Most of Windows are newer. 3 nice size Bedrooms, upper and lower. Beautifully decorated Baths. Spic and Span Basement w/ Newer Furnaces and Hot Water Tanks featuring Glass Block Windows. The seller has made this a true GEM! Upper unit is rented to a good tenant for 1000 a month, leaving you the opportunity to Move In or rent out for possibly up to 1200 a month your call. Any way you slice it, IT's a. GREAT DEAL. Very low maintenance. Roof is 5yrs young.
Well maintained, turnkey duplex, offering strong cap rate at existing asking price. Sale includes adjoining 9020 Ohio St. One unit is rented, and one vacant. Mirrored floorplan. Finished loft can act as third bedrooms in both units. BATVAI. Sold as-is.
Step into a world of possibilities with this charming duplex, where potential meets promise! Spanning an impressive 2174 square feet, this property offers a unique opportunity to create your own oasis while accommodating both cozy and spacious living arrangements. With two units, each featuring two bedrooms and one bathroom, the layout is perfect for generating rental income or accommodating extended family. Yes, it needs some TLCââ?¬â??but imagine the transformation you could create! This property is a blank canvas, awaiting your vision to breathe new life into it. Don't miss your chance to invest in a property with such immense potential! Transform it into your dream home or capitalize on the rental market. The opportunity is nowââ?¬â??will you take it?
***Property is distressed! Please enter at your own risk!***Great investment opportunity waiting for you! 2 beds up/2 down. **No Access to Basement**Sale contingent on buyer/seller executed development agreement. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.
Come and invest in a rental property with 4 units, each having 2 bedrooms and 1 bathroom. The basement is a shared common space and is partially finished. It is located 10 minutes from downtown Detroit and is just off I-96. Schedule your showing today.
Welcome to 4910 Whitfield St, a fantastic investment opportunity located just minutes from downtown Detroit, Henry Ford Hospital, and major amenities! This spacious duplex offers two units, each featuring 3 bedrooms and 1 bathroom. Ideal for investors or owner-occupants looking to generate rental income, this property has the potential for Section 8 rents of $1,500 per unit, providing a total monthly cash flow of $3,000. The location is unbeatable with easy access to public transportation, shopping, dining, and entertainment options. Whether you're looking to expand your portfolio or settle into a home with income potential, this duplex is a must-see!
BRICK COLONIAL MULTI-FAMILY HOME, OFFERING TWO SPACIOUS UNITS, EACH FEATURING 3 BEDROOMS, 1 BATHROOM, A COZY LIVING ROOM, AND A FORMAL DINING ROOM. BOTH UNITS INCLUDE GENEROUSLY SIZED KITCHEN, PERFECT FOR EVERYDAY LIVING. THE PROPERTY ALSO BOASTS A SHARED BASEMENT FOR EXTRA STORAGE AND A DETACHED GARAGE. ENJOY THE SIZEABLE BACKYARD, IDEAL FOR OUTDOOR ACTIVITIES OR RELAXATION. A PERFECT INVESTMENT OPPORTUNITY.
BRICK COLONIAL MULTI-FAMILY HOME, OFFERING TWO SPACIOUS UNITS, EACH FEATURING 3 BEDROOMS, 1 BATHROOM, A COZY LIVING ROOM, AND A FORMAL DINING ROOM. BOTH UNITS INCLUDE GENEROUSLY SIZED KITCHEN, PERFECT FOR EVERYDAY LIVING. THE PROPERTY ALSO BOASTS A SHARED BASEMENT FOR EXTRA STORAGE AND A DETACHED GARAGE. ENJOY THE SIZEABLE BACKYARD, IDEAL FOR OUTDOOR ACTIVITIES OR RELAXATION. A PERFECT INVESTMENT OPPORTUNITY.
Prime Brick Colonial 4 Unit Multi Family, Income Generating w/ Four 2 Br/1 Ba Units located near Livernois. Move in Ready, Updated in 2022. Within minutes of Wayne State University District, Midtown, Downtown, Detroit Waterfront, Sports & Entertainment District, Detroit Metro & Wayne Country International Airport, Windsor Ontario, and Eastern Market. Make your investment jand be a part of the Detroit Renaissance in Redevelopment. Partially occupied. Street parking for residents. Located along a mass transit connection to area amenities. Please provide pre-approval or proof of funds prior to showings. Do Not Approach or Disturb Tenants.
Turn key, cash flowing investment property in Detroit's Aviation Sub! Side by side duplex with performing tenants. Updated 2 BR units rented for 1050 and 1075 monthly. Separate entrances and one car garages. Professionally managed. Leases and ledgers available upon request. No showings prior to accepted offer. Do not disturb tenants. Sale includes 8203 Manor and 8209 Manor. Excellent location near the Detroit / Dearborn border.
This beautifully renovated duplex offers two spacious 3-bedroom units, each fully updated with modern kitchens, refreshed bathrooms, new flooring, and fresh paint throughout. Whether you're a homebuyer seeking to live in one unit while generating rental income from the other or an investor looking for a solid, income-producing property, this is an ideal opportunity. Don�t miss out on this turnkey investment or house-hacking opportunity!
This is a great opportunity to own a fully rented multi unit rental property in the city of Detroit. The tenants are all month to month leases, and all of them have been long-term, which is why the rents are so low. The building is in good condition with no known needed repairs. all four units have two bedrooms and one bathroom each. there is the laundry room in the basement. All furnaces and hot water tanks are fairly new. The lot next-door also goes with the building. This building is close to all major freeways and only minutes from downtown. There is a $495 admin fee charged to all buyers at closing payable to Rockefeller�s Realty. No showings will be allowed until an offer is accepted. Please do not approach the tenets.
Great investment property..Beautiful brick fully renovated 2 family flat, both units have been completely renovated with new kitchen, bathroom, vinyl flooring through out, fireplace, some new vinyl windows, new furnace, water heater, plumbing and updated electrical. Each unit comes with stainless steel appliances. *Property was recently appraised at VALUE.* Seller is looking for q quick close. Land contract terms are available with large down payment. Property is 15 minutes from downtown Detroit, near shopping and public transportation.
Calling out to all Investors! This is a property you do not want to miss, located near some impressive developments such as the Joe Lewis Greenway & Union Carpenters and Millwrights Skill trades center this property is key on any investors radar looking to add to their portfolio!
Attention investors! Are you considering an investment in Detroit? Seek no further than 8833 Pinehurst for a low-maintenance, move-in-ready multifamily property available from day one. This recently renovated property boasts a 2-bedroom lower unit with a living room and formal dining room, alongside a 3-bedroom upper unit. Separate water, electrical, and HVAC units clarify tenant responsibilities. It includes a shared basement for storage and laundry, plus a spacious yard for parking. Just a 10-minute drive from downtown Detroit's attractions and near the I96 freeway for easy commutes to surrounding suburbs, this property is a prime addition to any investment portfolio.
This home is a diamond in the rough, wait6ing for someone to unlock its full potential. With your vision and commitment, it can be transformed into the true gem it is.
It's a great tri-plex that can be a cash cow. This property has a large 3 bedroom unit on the main floor and two one-bedroom units on the top floor. Each unit has a separate entrance and utilities. The property was appraised for 100k just last year in its current condition. The buyer will receive a warranty deed, title insurance, and a clear title. The buyer will pay a $495 transaction fee to Downtown Realty.
The median home value in Detroit, MI is $71,600. This is lower than the county median home value of $150,200. The national median home value is $338,100. The average price of homes sold in Detroit, MI is $71,600. Approximately 36.89% of Detroit homes are owned, compared to 39.44% rented, while 23.66% are vacant. Detroit real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Detroit real estate agent to arrange a tour today!
Detroit, Michigan 48204 has a population of 645,658. Detroit 48204 is less family-centric than the surrounding county with 16.17% of the households containing married families with children. The county average for households married with children is 25.56%.
The median household income in Detroit, Michigan 48204 is $34,762. The median household income for the surrounding county is $52,830 compared to the national median of $69,021. The median age of people living in Detroit 48204 is 35 years.
The average high temperature in July is 83.5 degrees, with an average low temperature in January of 18.5 degrees. The average rainfall is approximately 33.5 inches per year, with 33 inches of snow per year.