Charming Duplex in Up-and-Coming Oak Grove Neighborhood!This spacious duplex, located in the tucked in Oak Grove neighborhood, offers an excellent investment or house hacking opportunity. Each unit features 3 bedrooms and 1 bath, with private entrances and fully insulated basements. The property includes separate gas, electric, and water meters for added convenience.The upper unit is vacant, ready for immediate occupancy, while the lower unit is occupied on a month-to-month basis by a long-term tenant. With 2,000 square feet of living space and beautiful hardwood floors throughout, this property is perfect for investors or owner-occupants looking to rent out the other unit.Dona(tm)t miss your chance to invest in this thriving area!
Welcome to 19149 Grandview! Unmissable Investment Opportunity! This spacious and well-kept two-family flat offers two identical units, each boasting 2 bedrooms and 1 bathroom. Featuring gleaming hardwood floors throughout, these open-concept living and dining areas highlight charming coved ceilings and elegant arched doorways, flowing seamlessly into the generously sized kitchens, complete with appliances. Additional perks include a shared basement with separate washer/dryer hookups, a two-car garage, and a private fenced backyard. Utilities are individually metered for convenience. (Please do not disturb tenants).
Investors Special!!! Fully Detroit duplex with long time, multi-generational tenants! VERY rare property with a total of 4 bedrooms and 3 bathrooms; Lower Unit=2 beds/2 baths, Upper Unit=2 beds/1 bath on a Corner Lot with over 2,000 sq ft...Lower Unit features open-concept Living/Dining/Kitchen with sliding door access to private patio, first floor Laundry, and separated entrances-front and side access! Upper Unit features a full remodel in 2018: vinyl flooring throughout, freshly painted, new blinds and private entrance-side access! Shared basement for extra storage and/or additional Laundry. Tenant occupied-please do NOT disturb tenants. Absolutely NO Showings without an accepted Offer.
Well Maintained 2 Unit Multi-Family Brick Tudor, Upper/Lower Flats. Fully Tenanted, Income Producing Property. Separately metered, tenants pay for their own gas/electric utilities. Nestled in a quiet residential neighborhood. Close to Meijers, Retail Shopping, Restaurants, Public Transportation and Expressways. Sold "AS IS". PLEASE DO NOT DISTURB TENANTS. PRE-APPROVED BUYERS, BATVAI.
This 2 family investment opportunity has 2 bedrooms on each side and is in need of extensive rehab due to fire damage on one side. The other side is not as damaged and down to the studs. Located within walking distance to 8 Mile, schools and parks. Check the comps and don't miss out! This site is in the Eight Mile-Evergreen NEZ Homestead boundaries. 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.
This 2 family investment opportunity has 2 bedrooms on each side and is in need of extensive rehab due to fire damage on one side. The other side is not as damaged and down to the studs. Located within walking distance to 8 Mile, schools and parks. Check the comps and don't miss out! This site is in the Eight Mile-Evergreen NEZ Homestead boundaries. 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.
Lucrative Investment Opportunity: Well-Established 40-Unit Apartment Building! *Call for Offers for Monday July 1st at 3 pm.* Seeking a stable and profitable investment? Look no further than this exceptional 40-unit apartment complex located in Detroit. The property boasts a strong rental history and excellent income potential. Currently generating a gross annual income of approximately $324,000 with a projected Net Operating Income (NOI) of $227,000 for 2024, this investment offers proven performance. There's also significant value-add opportunity: reach full capacity and unlock even greater income. Projected gross income upon full occupancy is $432,000. The complex caters to a wide range of renters with a diverse unit mix of spacious 2-bedroom townhouses (8 units), regular 2-bedroom units (8 units), and efficient 1-bedroom units (24 units). Landlord currently covers water, gas, and electric. Don't miss out on this income-generating gem! Showings require advanced notice to respect current tenants. Contact us today to schedule a showing and learn more about this opportunity in a desirable location. Proof of funds and/or financing is required to schedule a showing.
**OPPORTUNITY** This side-by-side townhome style duplex is a rare find for Northwest Detroit and is ready for either an investor to turn it into a cash-generating machine or for an ambitious house-hacker to start their real estate investing journey! The property features 2 bedroom units w/ open floors plans, spacious living rooms, dining rooms, and kitchens, as well as 2 generous bedrooms and the full bath on the 2nd floor. Each unit also has its access to its own basement! Both units have been freshly painted and feature updated kitchens and bathrooms, forced air heating, updated 100 amp circuit breaker panels, vinyl windows, PEX and PVC plumbing, hardwood floors throughout most of the property, and much more! Each unit should rent for $1,100-1,200 to a Sec 8 tenant, with cash paying rents being slightly less. Located less than a 1/2 mile from Redford Twp and only a few miles from the major Livonia shopping center at I-96 and Middlebelt Rd.
!!!Do not approach, intruder inside!!! Investor duplex alert! This is a side by side Brick Colonial, each Brick Colonial has 2 bedrooms, detached garage and fenced backyard. Can be sold separately, One duplex was occupied by long term tenants. Each Brick Colonial has some newer model windows, a separate dining area outside of kitchen, open basement layout and fenced backyard. Close to public transportation, shopping, grocery stores, Milan Playfield, Ralph W. Emerson Elementary-Middle School, major highway and freeway. Land Contract terms 140k, 40k down, amortized over 8 years at 622 / month principle and interest. 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 to listing office.
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 48219 has a population of 645,658. Detroit 48219 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 48219 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 48219 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.