OVER 3000 SQ FT MULTI FAMILY. IN THE UP AND COMING JOY FARM SUB NEAR BOSTON EDISON. TONS OF POTENTIAL. NOST OF THE WORK IS DONE. ASK ABOUT OUR PROPERTY MANAGEMENT SERVICES FOR A SMOOTH TRANSITION INTO TONS OF CASH FLOW. EMD TO HELD BY LISTING BROKER.
This newly updated multi-family home is a fantastic investment opportunity or perfect for multi-generational living, featuring two nearly identical unitsââ?¬â??each with 2 bedrooms and 1 bathroom. Both units offer bright, open living spaces with modern kitchens and cozy atmospheres. The upstairs unit includes access to a charming private balcony, while the downstairs unit provides easy access to the shared backyard. Recently refreshed with new paint and flooring in 2024, Doesn't need a single thing just rent it out and collect income!! Can easily get 1200-1300 per unit! With strong rental potential and a desirable layout, itââ?¬â?¢s a must-see for any investor or family looking to live together.
CALLING ALL INVESTORS. GREAT MULTI FAMILY UNIT IN NEED OF A FULL REHAB. THIS IS A GOOD OPPOURTUNITY TO TRANSFORM THIS PROPERTY INTO A CASH FLOW MACHINE. EACH UNIT FEATURES 2 BEDROOMS, KITCHEN, BATHROOM AND A SPACIOURS LIVING ROOM AND DINING ROOM. BATVA INFO. SELLER WILL LOOK AT ALL REASONABLE OFFERS.
**Charming 2-Family Flat at 2430 Clairmount St, Detroit ââ?¬â?? Ideal Investment Opportunity** Discover this inviting 2-family flat in the sought-after North LaSalle neighborhood, perfect for investors or owner-occupants. Each unit boasts 2 spacious bedrooms and 1 bathroom, complete with cozy fireplaces that add character and warmth to the living spaces. With a classic design that blends comfort and potential, this property is ideal for those seeking rental income or multi-generational living. Positioned in an up-and-coming area near Midtown. This property offers great value and growth potential. Donââ?¬â?¢t miss out on this prime real estate opportunity!
Discover the perfect opportunity at 2751 Tuxedo Streetââ?¬â??a newly renovated, full-brick multi-family home in the heart of Detroit! Each unit offers 2 bedrooms and 1 bathroom, making it ideal for those seeking a comfortable and spacious living arrangement. This property is conveniently located near schools and grocery stores, providing everyday convenience at your doorstep. Whether you're a first-time homebuyer looking to live in one unit and rent out the other or an investor seeking a solid property in a prime location, this home offers the versatility and value youââ?¬â?¢re looking for. Seize this chance to invest in Detroitââ?¬â?¢s growing real estate market!
Investorâ��s Dream in Detroitâ��s Thriving Community! Located in a desirable area south of Davison and west of Linwood, this spacious 2-family brick flat at 2741 Monterey Street is a unique investment opportunity you wonâ��t want to miss. Each unit offers generous living space and versatile layouts, perfect for rental income or multi-generational living. Each unit are very large and spacious totaling 1525 sq ft each with 3 bedrooms and 1 bath. The basement is divided for tenant privacy. You can rent each one with a section 8 tenant for $1600 a month for a total of $3200 a month incoming stream. That's a total of $38,400 a year. The first-floor unit features a bright living room (16x13), a formal dining room (13x12), a kitchen with an adjoining breakfast nook (10x4), and three spacious bedrooms (13x9, 11x10, 12x10). Upstairs, the second unit mirrors this layout with a slightly larger living room (18x12), providing ample room for comfort and flexibility. Set on a 35x120 lot, this property boasts a solid brick exterior with classic Detroit architectural charm. This property is one block away from Dexter where major developments are in motion like the Dexter Streetscape, Dexter Elmhurst Community Center (n.k.a., Helen Moore Community Center) renovation and new Park, Park & Open Space Improvements (Since 2021 to Date- Zussman, Russell Woods, Nardin Park, Dexter Tree Planting), Fa�§ade Improvement Projects, Dexter Mural Program and the Dexter Pop Up. Ask for the PDF doc of DEXTER AVE INVESTMENTS. Located near major roads, local schools, and minutes from the cityâ��s key attractions, 2741 Monterey Street is a promising investment for any investor looking to capitalize on Detroitâ��s growing rental market. "This property has cameras inside and outside the premises"
Exceptional investment opportunity in this fully updated multi-family duplex, featuring two spacious 3-bedroom, 1-bathroom units. Each beautifully updated with brand new flooring, fresh paint, countertops, and cabinets. This property boasts a new roof, water heater, and furnace, ensuring modern efficiency and comfort. Recessed lighting throughout creates a warm, inviting ambiance in every room, while a shared basement offers extra storage. Seller is offering a generous 20,000 credit towards driveway and landscape repairs, making this property an ideal choice for immediate occupancy or rental income. Don�t miss out on this unique offering!
This well-maintained multi-family home offers the perfect blend of original character and modern convenience. Located in a desirable, thriving neighborhood, this property features spacious living with approximately 1,425 square feet in each unit. The first-floor unit boasts three bedrooms, while the upper-level unit offers two bedrooms that can easily be converted back to three, providing flexibility for growing families or additional rental income. Both units include large formal dining rooms, ideal for hosting gatherings and enjoying meals with loved ones. Both kitchens have been thoughtfully updated with contemporary finishes and appliances, making cooking and entertaining a breeze. Exposed hardwood floors throughout the lower unit, with additional hardwood beneath carpeted areas on the upper unit. Each unit also features a cozy natural fireplace or enjoy the outdoors from the screened front porches on both levels. Each unit has separate utilities, including newer boilers, ensuring efficient and independent living for each household and glass block windows in the unfinished basement. Also included are the roll-down window shutters on the back of the home for added security. The property also includes a large fenced-in 35x139 vacant lot, perfect for gardening, play, or future development. Ample Parking offering a three-car garage provides plenty of space for vehicles or additional storage. This property combines classic charm with modern amenities, offering a wonderful opportunity for both owner-occupants and investors. Don't miss out on this unique find!
Fantastic investment opportunity in Detroit! This all-brick colonial duplex features two spacious units, each offering three bedrooms, one full bathroom, and separate basements. Utilities are separate, with the exception of water. Driveway parking is available, adding to the convenience for tenants. A solid property ready to generate rental incomeââ?¬â??don't miss out on this great opportunity!
Four-unit brick building. Each unit features two bedrooms and one bathroom, spanning two stories, with storage and laundry capabilities in the basement. The property is a certified Detroit rental. It is currently tenant-occupied but can be delivered vacant at closing.
This spacious 5-bed, 2-bath multi-family home with a garage offers incredible potential for the savvy investor. While the home features dated windows, furnace, and hot water system, and requires updates to the knob and tube wiring, there are no structural issues. The roof, only 5 years old, adds significant value. The property has an After Repair Value (ARV) of $200K, making it a strong investment with mainly cosmetic and electrical updates needed. The flexible layout includes two kitchens, making it ideal for a multi-family setup. Located in Detroit's historic Dexter-Linwood neighborhood, right off Dexter Ave, this home is close to the Boston-Edison Historic District, New Center, the Detroit Golf Club, and major roadways like the John C. Lodge Freeway and Livernois Avenue, providing quick access to downtown Detroit. Don�t miss this fantastic investment opportunity! FOR SALE ON ASSIGNMENT ONLY. Title is clear with Title Inc, warranty deed transfer. Seller pays ALL: water bills owed, taxes owed, blight tickets or anything else. Buyer to pay closing costs, including: transfer taxes, title insurance, closing fees. Any water or taxes owed will be paid at closing by the seller. Sold AS IS - BATVAI to verify all information listed. This property is being sold as-is for the current list price. However, please ask the seller's agent for details about possible renovations that the seller is willing to do if the cost of the renovations is added to the purchase price.
This spacious 5-bed, 2-bath multi-family home with a garage offers incredible potential for the savvy investor. While the home features dated windows, furnace, and hot water system, and requires updates to the knob and tube wiring, there are no structural issues. The roof, only 5 years old, adds significant value. The property has an After Repair Value (ARV) of $200K, making it a strong investment with mainly cosmetic and electrical updates needed. The flexible layout includes two kitchens, making it ideal for a multi-family setup. Located in Detroit's historic Dexter-Linwood neighborhood, right off Dexter Ave, this home is close to the Boston-Edison Historic District, New Center, the Detroit Golf Club, and major roadways like the John C. Lodge Freeway and Livernois Avenue, providing quick access to downtown Detroit. Don't miss this fantastic investment opportunity! FOR SALE ON ASSIGNMENT ONLY. Title is clear with Title Inc, warranty deed transfer. Seller pays ALL: water bills owed, taxes owed, blight tickets or anything else. Buyer to pay closing costs, including: transfer taxes, title insurance, closing fees. Any water or taxes owed will be paid at closing by the seller. Sold AS IS - BATVAI to verify all information listed. This property is being sold as-is for the current list price. However, please ask the seller's agent for details about possible renovations that the seller is willing to do if the cost of the renovations is added to the purchase price.
Investors look no further than right here! PRIME LOCATION!This 2 unit property is an excellent rehab opportunity, this diamond in the rough sits between the historic Boston Edison and Lasalle Gardens/Virginia Park neighborhoods and New Center-Midtown area. Right around the corner from THE CONGREGATION DETROIT, minutes from downtown Detroit and right around the corner from Henry Ford Hospital. You can rent both units or live in one and rent the other. Full rehab and clean-out need on this one bring you imagination! This is a CASH ONLY OFFER, SOLD AS IS, all offers must have proof of funds attached. Buyers agent must be present for all showings.
Turn Key Investment! Upper Unit Rented. Luxury Style Renovation. Fully gutted and renovated in 2023 this 2 Family flat has new windows, roof, electrical, plumbing, HVAC and appliances. 2 blocks from 50M Motown Museum renovation and Henry Ford Hospital. Agent owned.
Investment opportunity available on the Westside Detroit. 2 family flat. Partially updated.
INVESTORS: MULTI FAMILY FOR SALE. SALE AS-IS. SELLER NEVER LIVED IN THE HOUSE
Opportunity to restore one of the last large elevator multifamily buildings in Detroit. Historic 33 unit with built out storefronts in the rapidly developing Dexter Corridor. Recently awarded over 30 million in grants this area surrounds Historic Russell Woods and is currently undergoing a massive street scape and infrastructure revitalization. The 27.5 mile Joe Louis Greenway will run through the Dexter Linwood corridor spurring additional retail and mixed use development for years to come. EV Charging stations, new water lines, extensive landscaping and areas for pedestrian walkways and retail currently in progress. Minutes away from New Center, The Fisher, Henry Ford Hospital and Police Headquarters, fifteen minutes from the Downtown Riverfront and Ferndale and Royal Oak to the north. 26 one bedroom apartments, six two bedrooms and a Super's unit on the garden level. This building was built for luxury and elegance with detailed marble and tile work that can be saved. This building is a FULL Rehab but even with moderate finishes and upgrades this building will be highly rentable at market rates, especially recent grads and relocations moving to Detroit for work and priced out of downtown and the suburbs. Here is a chance to make your mark on the city everyone is watching and get established before the area is priced out. BATVAI
Excellent investment opportunity! Live in one and rent the other, share expenses with family or friends, or use both units as income properties. All brick, great square footage on this two unit duplex with private entrances. Both units feature three bedrooms, a full bath, kitchen, dining, and family room with natural fireplace. Some cosmetic updates have been completed including, bathrooms, kitchens, and fresh paint. First level unit features natural hardwood flooring, second level unit has new plank flooring. Outdoor space is great w/covered front porches/decks for each unit. This one has the hard to find private basement access to each unit with space for private laundry in each units basement. The upper unit has an updated nook off the back of the kitchen with access to the third level which serves well as storage or could be extra living space with a little modernizing. Currently one furnace and hot water tank in the home. Prepped for separate electric and gas, additional meters will be needed. Water is combined. Home is sold as/is, buyer to assume responsibility for obtaining the Certificate of Occupancy. Great equity opportunity. A little investment from the new buyer will make this one amazing!
This charming multi-family home features two spacious units in a highly desirable location, offering endless potential for investors or homeowners looking to maximize rental income. With a prime setting, this property provides the perfect opportunity to capitalize on its great layout and convenient proximity to local amenities, schools, and transportation. This property is a solid investment with endless possibilities.
Great Investment opportunity as a blank slate property, 4 units, 2 bed one bath with in unit laundry Significant structural and framing work done to property in recent years, new roof, newer windows and doors. Property is secure. In need of all systems and finishes. Quotes in hand for plumbing and electrical with licensed contractors. Plumbing and Electrical in building currently needs to be redone Call listing agent for more information. Very similar property two doors down recently sold for $380,000
Calling all Investors Come add this Multi Family Unit to your Portfolio . Located close to the Russell Woods Community , close to major freeways and minutes from downtown Detroit. Lower unit currently occupied, Units are 3bed 1 bath with no lease in place tenants can remain or move out .
This rare investment opportunity offers an spacious 1928-built corner property in the highly sought-after Virginia Park neighborhood. With 5,628 square feet of space, the property is fully gutted, vacant, and ready for a full rehabââ?¬â??offering potential for a full transformation. Sitting on an 8,276 square foot lot and zoned R2, this property provides flexibility for residential projects. Whether youââ?¬â?¢re envisioning a multi-family development, mixed-use space, or highly sought-after residential housing, this is the perfect opportunity for your vision Strategically located near key Detroit landmarks, including Henry Ford Hospital, the Motown Museum, and the popular Congregation Coffee House, the property offers prime visibility and accessibility. The seller has provided detailed renderings for an 8-unit residential development. The sale also includes the adjacent lot at 2072 Clairmount, which offers additional space ideal for parking or potential future expansion Virginia Park is one of Detroitââ?¬â?¢s most sought-after neighborhoods, where ongoing development meets the areaââ?¬â?¢s historic charm. With numerous renovation projects and new constructions transforming the landscape, this property offers an exceptional opportunity to contribute to the growth and vibrancy of this thriving community. With significant recent development, driven by the city's affordable housing initiatives, Virginia Park is a prime location for both investors and full-time residents. The demand for residential and commercial spaces continues to grow, making this property a unique opportunity to participate in Detroitââ?¬â?¢s ongoing revitalization while contributing to its affordable housing goals. Donââ?¬â?¢t miss this chance to develop a key piece of Detroitââ?¬â?¢s future!
Discover this beautifully renovated multi-family unit featuring 6 spacious bedrooms and 3.5 baths, perfect for maximizing rental income or house hacking. Recent upgrades completed in 2023 include: New electric, plumbing, and heating systems for enhanced efficiency and peace of mind with a new driveway and landscaped backyard (2024). This property has been meticulously upgraded to meet city certification and Section 8 standards. Both units are currently tenant-occupied, making it a hassle-free investment right from day one. FHA and VA loans are welcome! Donââ?¬â?¢t miss out on this exceptional opportunityââ?¬â??schedule your showing today!
This freshly updated spacious 5-Bd, 4-full bath Multi-Unit Property in Detroit not only offers comfortable living but also boasts a rich neighborhood history. Its strategic location is unbeatable, being just a 4-minute drive to Henry Ford Hospital, a 3-minute drive to the iconic Motown museum, a quick 10-minute drive to Wayne State University, and only 11 minutes away from downtown Detroit. The property holds great investment potential, whether you're considering Airbnb hosting or multi-tenant rental opportunities. Additionally, it features a finished attic that could easily be transformed into a studio space. A standout feature of this property is the brand new driveway, adding convenience and value to the home. Residents will enjoy being close to various amenities in the area. Furthermore, the neighborhood is undergoing significant development with major projects on the horizon. This includes Henry Ford's 100 million dollar cancer hospital expansion, the Motown museum's 50 million dollar expansion, and a massive 3 billion dollar development project by Henry Ford, Pistons, and Michigan State University that is set to transform the area in the near future. Don't miss out on this incredible opportunity to own a piece of history in a thriving and evolving neighborhood.
Attention investors, house hackers, and handy homeowners alike. Take a look at this solid duplex located on a great block on Detroit's Westside. The upper floor unit has 2 beds and 1 bath. Lower floor also has 2 beds and 1 bath. This could be a great long term investment for any buyer. Most of the work has already been done. Come by and take a look. You could spend a few bucks and have a really nice long term equity building asset for the future. Lets make a deal...Don't miss your chance! This could pull in 2200+ per month in rental income.
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 48206 has a population of 645,658. Detroit 48206 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 48206 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 48206 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.