Occupied Multi family!! Do Not Disturb the tenants!!! 3 bedroom, 1 bathroom in each unit. Solid home. Property is being sold "as is" Buyer's agent to verify all information.
Occupied Multi family!! Do Not Disturb the tenants!!! 3 bedroom, 1 bathroom in each unit. Solid home. Property is being sold "as is" Buyer's agent to verify all information.
This duplex offers excellent rental potential with spacious 2 bed, 1 bath units, each easily renting for 900/month. The rooms are spacious with potential for additional baths and bedrooms. Rehab has already started, featuring one fully remodeled bathroom, new windows, some new ducting, a new furnace, recessed lighting, and more! The basement is in good condition, and the entire home has been recently rewired. Public transit & local stores nearby adds to the value of this rental investment. Some work is needed and the price reflects; making this a great opportunity to add value and finish the rehab for maximum returns and steady rent rates!
Incredible Detroit investment opportunity! Need rehab.This multi-family 2-unit property is a dream for owner occupants seeking rental income or investors aiming to generate substantial cash flow. Live comfortably in one unit while collecting rent from the other. Ideal location with access to amenities, schools, and transportation. Don't miss this chance to enhance your real estate portfolio! Schedule a showing now and unlock the potential of this versatile property. The vacant lot is included in the sale. BOTH UNITS need a COMPLETE rehab. 11308 Cascade a vacant lot included in the sale.
This recently renovated multi-family has updated mechanicals, newer roof and windows, and restored floors. Each unit comes with 3 beds and 1 bath. Both upper and lower units are tenanted and paying market rate. Photos were taken before tenants took possession. Schedule your private tour today.
Welcome to 8984 N. Martindale St. in Detroit, MI! This charming duplex offers two spacious 3-bedroom, 1-bathroom units, each with 1,038 square feet of comfortable living space. One unit is vacant and rent-ready, while the other is occupied by a long-term tenant, providing immediate rental income. Each unit features modern amenities and includes water, sewer, and trash removal services. Located in a vibrant neighborhood, this property is an excellent opportunity for investors or homeowners seeking a well-maintained, income-generating asset in Detroit. Don't miss out on this unique chance!
This house is ready to be come a home! This property has updated mechanicals such as furnaces & water heaters. New windows, plumbing and electrical have been updated. Each unit has its' own front and rear entrances! This is a blank canvas waiting for a creative investor and/or family to take it all the way to greatness! The home features a 2 car garage which is rare with most multi-family properties! From more information, contact your agent and/or contact our office.
A remarkable duplex with a large lot situated in a prime location. The property includes a 2-car garage and two generous two-bedroom units. One unit has a dependable tenant, while the other is vacant and ready to rent. This duplex presents an excellent investment opportunity with significant rental income potential.
Solid brick, 4 unit apartment building for sale. Each unit consists of living room with fireplace, dining room, updated kitchens, 2 bedrooms and full bath. All units are identical in layouts. Each unit can easily rent Section 8. This building is poised to bring in a healthy return yearly. Separate electric and gas for each unit. One water meter for the building. Low property taxes. This building is perfect for a buy and hold investor looking to start with a multi family project in Detroit! Each unit has been freshly painted.
Seize this incredible investment opportunity with a multifamily property located in a highly desirable suburb of Detroit. This great income-producing property is priced to sell and offers substantial returns on investment.Key Features:Location: Situated in a good suburb of Detroit, providing a prime location for tenants seeking suburban living with easy access to the city's amenities.Income-Producing: This multifamily property is designed to generate consistent rental income, making it an ideal addition to your investment portfolio.Affordable Pricing: Priced at a low cost, this property offers significant value and potential for appreciation.Land Bank Terms: Subject to land bank terms, providing a unique investment opportunity with potential incentives and benefits.
Seize this incredible investment opportunity with a multifamily property located in a highly desirable suburb of Detroit. This great income-producing property is priced to sell and offers substantial returns on investment.Key Features:Location: Situated in a good suburb of Detroit, providing a prime location for tenants seeking suburban living with easy access to the city's amenities.Income-Producing: This multifamily property is designed to generate consistent rental income, making it an ideal addition to your investment portfolio.Affordable Pricing: Priced at a low cost, this property offers significant value and potential for appreciation.Land Bank Terms: Subject to land bank terms, providing a unique investment opportunity with potential incentives and benefits.
Attention Investors check out this latest offering from the Detroit Land Bank Authority! Welcome to an incredible investment opportunity in the Midwest neighborhood! This two-story full brick colonial property boasts over 3000 square feet of potential, offering versatile living spaces across four units. This property presents a unique opportunity for restoration and renovation, allowing you to unleash its full potential. 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
This multi-family unit is a prime investment opportunity, featuring a very good cap rate. Each unit includes 2 bedrooms and 1 bathroom, offering comfortable living spaces perfect for tenants. With convenient access to amenities and public transportation, this well-maintained property is ready for immediate occupancy and rental income generation. Don't miss out on this exceptional opportunity to expand your investment portfolio.
Presenting a remarkable investment opportunity in the heart of Detroitââ?¬â??a four-unit brick building that stands as a testament to quality and potential. Located in a neighborhood showing strong signs of revitalization, this property offers a blend of historic charm and modern updates, making it an attractive prospect for both seasoned investors and those new to the real estate market. Each unit has been updated, featuring upgraded bathrooms that combine contemporary design with functionality. These spaces ensure a comfortable living experience for tenants. The building has been fitted with all new windows, improving energy efficiency and contributing to lower utility costs while providing abundant natural light throughout each unit. Each unit comes with its own separate gas and electric meters, allowing for individual billing and making it easier for tenants to manage their utility usage. The property features one water meter, simplifying water service management. The building includes a full basement, providing storage space and housing a convenient laundry area. This communal laundry facility is a desirable amenity for tenants, adding value to the rental units. Situated on a corner lot, the building is enclosed by a secure fence, offering privacy and a sense of community. The property also features newer gutters, ensuring proper drainage and reducing maintenance concerns. With street parking available, tenants and their guests will have no trouble finding convenient parking spots. This added convenience enhances the property's appeal. The building is currently vacant, making it ready for immediate occupancy. Its well-kept condition ensures that new tenants can move in without delay, maximizing rental income potential. The surrounding area is experiencing a notable resurgence. This revitalization contributes to a growing demand for quality rental units, positioning this property as a prime investment. The location has easy access to public transportation, major highways, and downtown Detroit.
We are excited to announce your next investment opportunity. Located in the Barton McFarland community of Detroit, this beautiful brick two story Multi Family Home provides an upper and a lower unit, offering separate entrance. Each unit provides three bedrooms and one bathroom. This home also has a basement area to expand your living space and additional storage. This home is located only 15 minutes away from Wayne State University College and a 15 minute drive from downtown Detroit. Very convenient location with close proximity to many schools, places of worship, shopping facilities and public transit. Don�t miss out on this great opportunity to invest in your next rental property! All of our listings come with built-in property management for seamless, turnkey investments. Our full-service approach covers everything from construction completion to tenant placement and ongoing management. Services include comprehensive property management, tenant screening, financial reporting, legal compliance, and streamlined communication.
LOCATED 8 MINUTES FROM NEW CENTER YOU WILL FIND 5378 VANCOUVER STREET NESTLED ON A 4,110 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST TWO 2 BEDROOM UNITS. SHE HAS BEEN CAREFULLY UPGRADED WITH 2 NEW FURNACES. IN ADDITION, THIS HOME DISPLAYS BRAND NEW ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. MOREOVER SHE HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. NO EXPENSE HAS BEEN SPARED. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS WITH MONTHLY DIVIDENDS OF $2428. THIS INVESTMENT PAYS A RETURN OF JUST UNDER 15%. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
There is solid potential in this 2400 s.f. 2 family home which sits on a block with long time homeowners and tenants. This property is in need of a rehab, but with 3 beds up and down, you'll derive maximum section 8 rents generally in the $1600 per month range. Section 8 is the future of real estate investing, so don't hesitate and get your walk through today!
Live In Or Rent Out! Performing Turn Key Rental Duplex! Conveniently Located!!!! Quiet Family Neighborhood! 11519 Is Rented & Fully Renovated, 11517 is Vacant waiting for you or your tenant! Updates to Plumbing, Separate Newer Furnaces and Hot Water Tanks! Look At This Return On Your Investment!!! Please do Not Disturb Tenant, Call Carol Wright Co-Lister For Showings!
Own a piece of prime real estate with this income-generating brick multi-family home! This fantastic property features two spacious units, offering a perfect opportunity for investors seeking a strong return on investment. Lower: Currently occupied by a reliable tenant paying $900 per month, providing immediate income. Section 8 ready, allowing you to find a new tenant and maximize your rental income. Property is one of five: 11434 Laing, 20460 Appoline, 12717 Riad, 17696 Woodbine
Brick Colonial Multifamily 3 down 2 up INVESTOR SPECIAL!!! Located on the same street as The Union Carpenters And Millwrights Skilled Training Center near the NEW 60,000 square foot, Merit Park Recreation / Fitness Center Project on Grand River / 96 service drive also the NEW Joe Lewis Greenway 27.5 mile bike and walking trail...this is next to it all. Each unit has 2 bedrooms, entry unity has an extra sunroom back porch amenity with own private entrance and the upper unit has an upper balcony amenity for their enjoyment. Upper unit with pass-through bedroom to bathroom access. Forced air heating with separate furnace / heating controls for each unit. Newer model 3 dimensional design roof, some newer model windows also new electric and new basement piping redone. Each unit has a sizable kitchen with each unit having a separate dining area outside of kitchen. Building has accessible attic area that could be converted into another livable area or unit with the proper City approved build out. Located near The Queens Community Workers Home of Love Center, Michigan International Prep, Hope of Detroit Academy, The Motown Museum, Henry Ford Hospital, city parks, public transportation, major highways, grocers, dining and other merchants of convenience. A few blocks from Historic Grand River Avenue making it a 10 minute straight route to the Downtown Detroit area. Do not approach home without licensed agent and prior appointment. Contact your agent today for a showing, 48 hour advanced notice is required, owner asks for proof of funds with verbal offer prior to access, please call about earlier appointment details. Home being sold "As Is" with warranty deed transfer. Buyer representative to verify all information and water read ~ BATVAI ~ 495 office transaction fee buyer payable at closing.
Freshly renovated 2 family house on great block near Livernois. All new windows throughout. Updated kitchen and bathroom. Move in ready. Great investment opportunity or live in one unit and rent out the other unit. Each unit is 3 bedrooms and 1 bathroom. Upper unit and lower unit. Common water meter. Buyer's agents are welcome.
(((oh))) W(@)W - - LOOK ! Finally I can discover the future of smart investing witha great TURNKEY investor special in the BOOMING city of Detroit: Certified, Rented and VERY Profitable! If you are looking for a hassle-free and lucrative investment opportunity in one of the world's top property markets, this is the deal for you. This property features: A SECTION 8 Tenant - paying $2,200 per month, giving you a secure and steady income stream. 2 Units - both 2 bedrooms with 1 Bathroom A Fully CERTIFIED and UPDATED property - meeting all the city and section 8 standards, saving you time and money on repairs and inspections. A prime location in Detroit, a city that is experiencing a remarkable economic and cultural revival, attracting businesses, tourists and many new residents. With this property you won't have to do anything but collect the rent checks. Property Management by RPI Management & Neighborhood Legal Services of Michigan NO SHOWINGS WITHOUT AN ACCEPTED OFFER. DO NOT DISTURB TENANTS. CONTACT US TODAY TO MAKE THIS PROPERTY YOURS! SELLER HAS 17 SECTION 8 PROPERTIES FOR SALE IF YOU WOULD LIKE TO BUY A PACKAGE. Buyer to pay $495 Compliance Fee to Community Choice Reality. [[ All Section 8 Properties available: 12110 BRAILE, 9129 FORRER, 12930 CANFIELD, 472 WYOMING, 19260 REVERE, 8265 ASHTON, 19751 FENELON, 18671 SHIELDS, 19347 CONLEY, 8666 BURT, 15776 ARDMORE, 12935 PAYTON, 19497 FREELAND, 14070 ROSELAWN, 12035 MENDOTA, 11256 COURVILLE, 19005 GALLAGHER ]]
**** This property has been tagged for a DLBA Rehab contract/agreement - all buyers will work directly with Landbank for agreement.... DLBA will provide plenty of time for repairs and provide many extensions to finish projects**** PROPERTY BEING SOLD "AS-IS". PROPERTY NEEDS TOTAL REHAB. SELLER DOING NO REPAIRS. INSPECTIONS TO BE DONE BY BUYER. PROPERTY IS BRICK AND HAS 3-BEDROOMS PER UNIT. IT HAS ALMOST 3,000SQ FT. ITS ACROSS FROM A SCHOOL AND BEHIND NEWER APARTMENT BUILDINGS. PRETTY GOOD LOCATION FOR RENTAL PROPERTY AND DOWN THE STREET FROM GRAND RIVER AND NOT FAR FROM GRAND BLVD, WHICH IS CONSISTENLY GROWING AND BRINGING BUSINESSES. SELLER MOTIVATED. BATVIA
Great opportunity for experienced investors. A buyer must submit a proposal to purchase, including construction plans or precedent architectural images of proposed development & financing plan with Proof of Funds, Pre-App letter, or new construction loan of the property. Projects will require approval of the Design Review from the city of Detroit. 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 & may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development financing. BATVAI Please see attached documents for DLBA requirements. Proposal should be submitted through google doc application. Use the link in the attachments.
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.