Detroit MI Multi Family for Sale

ADDITIONAL INFORMATION

This area has seen a strong increase in after repair values. There is a great opportunity for sweat equity and forced appreciation on this one. Perfect opportunity for investors to do a fix and flip or BRRRR. Each unit has 2 bedrooms and 1 bathroom. SOLD AS-IS.

ADDITIONAL INFORMATION

This duplex features two spacious 3-bedroom, 1-bath units offering a fantastic investment opportunity. One unit is 90% rehabbed, while the other is awaiting your finishing touches. All mechanicals are in place and fully operational, making this property a promising choice for both investors and homeowners.

ADDITIONAL INFORMATION

Fantastic 4-Unit Investment Opportunity in Detroit�s LaSalle Park Community Located in the rapidly developing LaSalle Park neighborhood, this 4-unit multi-family property offers an exceptional opportunity for investors. Each unit features 2 spacious bedrooms, 1 bathroom, hardwood floors, and its own private balcony porch. While the property does require rehab to reach top rental potential, its location within Detroit�s North End Empowerment Zone makes it a prime investment. The area is flush with new developments, including modern condos and renovated multi-unit buildings, ensuring long-term growth and demand. With continued investment pouring into the neighborhood, this property is ideal for those looking to create a lucrative rental income or explore the possibilities of short-term rentals like Airbnb. Don�t miss out on this chance to own a piece of Detroit�s growing real estate market! Buyer to pay listing broker a $495 compliance fee

ADDITIONAL INFORMATION

REDUCED! LOOK AT COMPS 2283 TAYLOR, 8904 LASALLE SOLD 350, 400K SAME SUBDIVISION. LOCATED 90 SECONDS, YES 90 SECONDS FROM HISTORIC BOSTON EDISON DISTRICT YOU WILL FIND 2213 HAZELWOOD NESTLED ON A 4,312 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST A MASSIVE BRAND NEW 40 YEAR TEAR OFF ROOF TOWERING OVER 6 SPACIOUS BEDROOMS . SHE HAS BEEN CAREFULLY UPGRADED WITH 2 NEWLY INSTALLED FURNACES AND HOT WATER TANK. IN ADDITION, THIS HOME DISPLAYS NEWER ELECTRICAL AND FRESHLY INSTALLED PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. THIS BEAUTY HAS JUST BEEN LEASED WITH SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $2590 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT FOR A WHOPPING ROI. THESE TENANTS PAYS ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20%. THE TAXES HAVE BEEN REDUCED TO ROUGHLY $200 PER MONTH. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.

ADDITIONAL INFORMATION

Calling all Fix and Flippers, House Hackers, Air BnB Host and Rehabbers. We have a great Investor special with loads of opportunity... 3 bedroom Duplex in a up and coming area. Roughly a mile from Henry Ford Hospital, Motown Museum and the New Center area. There's a ton of Commerical, as well as, residential construction buzzing all around this area. One half of the duplex has been gutted down to the studs and the other half has been cleaned out. Although this project needs a full gut renovation, the bones of the structure is solid and the property values are climbing. The Sellers torn down the old un-safe porches on each side and had new porches built. Now you can take it from there. Don't miss out on this one!

ADDITIONAL INFORMATION

Prime multi-family property at 3224 Webb Street, Detroit, featuring two spacious units with 3 bedrooms, 1 bathroom, and large living/dining rooms in each. Previous tenants paid $1,200 per unit, with potential to earn even more. Fully renovated investment opportunity with a newer roof, windows, electrical, and plumbing. Minor fire damage in one first-floor bedroom, but overall solid condition. Very motivated seller, priced to sell! Perfect for investors seeking quick returns in one of the city's hottest areas. Sold as-isââ?¬â??donââ?¬â?¢t miss this high-ROI opportunity!

ADDITIONAL INFORMATION

This stunning duplex, located just steps from the $3 billion Henry Ford Hospital expansion, has been thoughtfully renovated from top to bottom. Each unit features 2 spacious bedrooms, 2 full bathrooms, and a primary suite with an en-suite bath. The beautifully appointed kitchens and bathrooms include modern fixtures, while front and back balconies offer serene private outdoor spaces. The upper unit adds an additional 780 sq ft with a fully finished attic, providing endless possibilities. Both units have separate electric and gas meters, and the divided basement allows for private storage. Perfect for owner-occupancy or investors, this property is turnkey, with a fridge, microwave, gas range, and dishwasher included in both units. Furnaces and hot water tanks will be installed prior to closing, ensuring complete move-in readiness.

ADDITIONAL INFORMATION

Occupied Multi family!! Do Not Disturb the tenants!!! 3 bedroom, 1 bathroom in each unit. Walking distance to historic Boston Edison area. Solid home. Property is being sold "as is" Buyer's agent to verify all information.

ADDITIONAL INFORMATION

This fantastic property features two separate units, each with 1 bathroom and 2 bedrooms, making it an ideal choice for investors seeking immediate returns and future potential. Situated in a prime location, this property benefits from proximity to major roads, providing easy access to a variety of nearby amenities. Whether it's shopping, dining, or entertainment, everything you need is just a short drive away. With its strong rental potential and strategic location, this property is a must-see for savvy investors looking to expand their portfolio. Donââ?¬â?¢t miss your chance to capitalize on this opportunityââ?¬â??contact us today to learn more and schedule a viewing!

ADDITIONAL INFORMATION

Investor special in the heart of the Boston Edison District! Tons of potential and eventual pizazz in this near 3,000 sq ft brick duplex. 3 beds/1 bath first floor and 2 beds/1 bath second floor. First floor natural fireplace. Both levels feature covered porches adding strength and curb appeal to "what can be." Conveniently located near freeways, restaurants & shopping. Be a part of this budding community today! All that is left is your showing today and vision tomorrow!!

ADDITIONAL INFORMATION

GREAT INVESTMENT OPPORTUNITY FOR BOTH SHORT AND LONG TERM INVESTORS. 4 FAMILY UNIT WITH TWO BEDROOMS IN EACH UNIT. PARTIALLY OCCUPIED. ABSOLUTELY NO LAND CONTRACTS. LIVING ROOM AND DINING ROOM ARE SEPARATE IN EACH UNIT. BASEMENT IS SPLIT IN TWO AND SHARED BY UPPER LOWER UNITS ON EACH RESPECTIVE SIDE OF PROPERTY. ALL UNITS HAVE FRONT PORCH. ONE MAIN ENTRY DOOR INTO THE BUILDING. NEW BRICKWORK ON FRONT PORCH. SEPARATE UTILITY METERS FOR ALL UNITS. SOLD AS-IS. BRAND NEW FRONT DOOR WITH ELECTRONIC LOCKS FOR ALL UNITS. ALL UPDATED PLUMBING AS OF 2023. 3 OF 4 UNITS FRESHLY PAINTED WITH NUMEROUS UPGRADES.

ADDITIONAL INFORMATION

Investor Opportunity!

ADDITIONAL INFORMATION

LAND INCLUDED WITH SALE!!! 4 lots surrounding the property are included. This Wildemere Park Multi Family offers 2 units. Lower unit with 3 bedrooms 1 bath, Upper unit has 2 bedrooms 1 bath with a large balcony overlooking the tree lined street. Just a few blocks outside of La Salle Gardens sub and 5 minutes to The Historic Motown Museum.This Duplex is perfect for the DIY Buyer to live in and finish it with their own personal touches. Roof was completely replaced

ADDITIONAL INFORMATION

Welcome to 2480 Calvert, a prime investment opportunity in Detroit, MI. This fully leased, TURN KEY multifamily property is perfect for savvy investors seeking a profitable addition to their portfolio. Located near the prestigious Boston Edison district, 2480 Calvert boasts three fully renovated units, ensuring hassle-free management from day one. This property is in impeccable condition, with one unit, already fully leased leased, highlighting the high demand for quality rentals in the area. With an impressive ARV of $200,000, 2480 Calvert offers substantial potential for growth and equity appreciation. This is an exceptional opportunity to invest in a vibrant, up-and-coming neighborhood. Don't miss your chance to secure this gem and enjoy consistent rental income for years to come.

ADDITIONAL INFORMATION

Investor Special: Charming 2-Unit Brick Townhouse in Midtown Detroit**Welcome to this exceptional 2-unit brick townhouse, an ideal investment opportunity in the vibrant Midtown Detroit neighborhood. Each spacious unit offers 1,250 square feet of living space, featuring 3 bedrooms and 1 bathroom.**Key Features:**- **Newer HVAC System**: Enjoy reliable and efficient heating and cooling.- **Beautiful Hardwood Floors**: Adds warmth and character to each unit.- **Generous Space**: Each unit boasts a generous 1,250 sqft layout.- **Prime Location**: Situated in the bustling Midtown Detroit area, close to shops, dining, and entertainment.Perfect for investors looking to capitalize on the thriving Detroit real estate market, this property promises strong rental potential and l

ADDITIONAL INFORMATION

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.

ADDITIONAL INFORMATION

**INVESTORS** This Virginia Park 2-family property has been completely remodeled from top to bottom and is ready for its new owner! The property features two units, each w/ 1,274 sq. ft., 3 bedrooms, 1 bathroom, a spacious living room, dining room, and kitchen! The upper unit is currently leased @ $1,700/month through 8/31/2025 and the lower unit is rented for $1,400/month thru 9/30/2024! The kitchens feature white shaker cabinets, butcher block counter-tops, and will include a full suite of stainless steel appliances, while the bathrooms feature beautiful new tile, trendy fixtures, and a large double vanity! The 2nd floor unit features a massive, additional room on the 3rd floor that would be perfect for a home gym, office, or entertainment room! Other updates include all-new romex wiring, a new 3D architectural shingle roof, new vinyl windows, new PEX & PVC plumbing, forced air heating, electric on-demand water heaters, beautifully refinished hardwood floors, and so much more! Small 1-car garage is located out back off of the alley. Gas and electric are metered separately, water is on 1 meter. Located less than 1/4 mile from the neighborhood hot spot, The Congregation, as well as close to New Center and all that it has to offer! You can enjoy the summer evenings on an expansive, covered front porch or upper unit balcony, and the vacant lots across the street may be available for purchase from the Detroit Land Bank! Finally, the La Salle Gardens/Virginia Park neighborhoods are some of the fastest growing areas of the city, with over $3.5 BILLION in developments slated to happen over the next 5 years! No FHA at this time. NO SELLER FINANCING.

ADDITIONAL INFORMATION

**OPPORTUNITY** Investors, here is your next rehab project! Turn this 2 unit property into a cash flow machine; each unit features a spacious living room, dining room, kitchen, bathroom, and 2 bedrooms! The property did have a relatively small fire in one of the upper bedrooms but the damage was contained. The property does have hardwood flooring that may be salvageable, forced air heating, and some vinyl windows in the first floor unit that could probably be saved! Sec 8 rents for a property like this should be $1,100-1,200/month per unit, with cash paying tenants paying slightly less. Located in the 48306 zip code where there are too many redevelopment and development projects to list! Quick access to M-10 so 10 minutes or less to downtown! NO SELLER FINANCING, CASH OR HARD MONEY ONLY

ADDITIONAL INFORMATION

Welcome to the latest offering from the Detroit Land Bank Authority. 4 unit brick Quadruplex in an up and coming development area. Property also includes 2 vacant lots 3784 and 3766 W. Boston on either side of the building for even more expansion possibilities. Show with caution because property needs a complete rehab. Vacant lots bundled with structures need to show a minimal design for example, someone may indicate they are fencing and putting benches and some bushes. They do need to show a diagram as indicated in the plot plan example #1 on page 5 of 20. 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/or 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. Please refer to DLBA proposal guidelines

ADDITIONAL INFORMATION

Fantastic opportunity to invest or own in a highly desirable area of Detroit! Located right outside of the coveted Boston Edison Historic District lays this HUGE brick duplex with 3000+ SQFT, 6 bedrooms and 2 full bathrooms in total. Each Unit has 3 beds, 1 bath and separate basements. Earning potential is near ~$1400/month per unit! Property features many recent updates throughout and the first floor unit is Move-In Ready! The kitchen & bath have both been fully remodeled & updated. The entire unit is freshly painted as well. The upstairs unit needs a light cosmetic turn to make move in ready. Fresh paint and a cleaning will go a long way! Other recent updates include furnaces, hot water heaters, a majority of windows & the roof. Not much to do on this one to make it a cash-flowing rental within your investment portfolio! Or, you can live in one unit while you rent out the other! Many recent comparable properties have sold at $200,000 or above. Schedule your showing today!

ADDITIONAL INFORMATION

Brick Multi Family Is Now Available For FHA and VA!!! Come One And All And Take A Look!!! Back On Market Buyer's Life Situation Changed!! Live In Or Great Addition to Your Rental Portfolio!!!!! Newly Renovated! Move In Ready!!!! This Vacant Brick Duplex Has Three Bedrooms In Each Unit!!!! With Garage & Full Basement, Family Neighborhood!! Each Unit Has Its Own Furnace, Electric & Hot Water Tanks!! FHA Appraisal Completed $131,500.00!!!!! Take A Look For Yourself!!!!

ADDITIONAL INFORMATION

DUPLEX... INCREDIBLE OPPORTUNITY... Price Just Adjusted!!!. Own a cash flow property! Live in one unit, or lease the other. Lower level has three bedrooms, studio or den. All levels have separate entrances with doors that can lock. Two newer furnaces and HWT(2021). New 3D roof and updated electrical. Newer windows throughout kitchen and a full bath. Upper level has 2 bedrooms, a kitchen and a full bath. Third level is unfinished but can be used as storage for each unit. Area is growing and many homes are being renovated. Get in early to catch the appreciation, build equity and cash flow. BATVAI

ADDITIONAL INFORMATION

Very large two family (up/down) with separate utilities; new copper plumbing; circuit breakers; replaced windows (except the two LRs); NFP w/built-in bookshelves in both LRs; exposed wood floors throughout; seven ceiling fans; fenced lot; screen porch on lower unit/balcony on upper unit; Close to major freeways with central location to get uptown or downtown in 15 minutes. Excellent income potential. Seller financing is also an option. Don't miss out on this huge opportunity to be a foundation for a solid investment portfolio. Home warranty included. Property being sold "as is".

ADDITIONAL INFORMATION

Property needs a full rehab top to bottom, but don't let that scare you away!! This 5 unit is looking for the right investor and will certainly turn a profit on this corner lot with great potential. Sale contingent on buyer/seller executed development agreement. All offers must be supported by proof of funds for both purchase price and construction costs. 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.

ADDITIONAL INFORMATION