Oakman Neighborhood two family flat partially rehabbed available for new investor to add finishing touches. Each floor has two bedrooms and one bathroom. All plumbing, electric and hvac has been updated throughout. New drywall and flooring in all rooms. Small fire from trespassing cause damage to drywall in unit. Seller ready to move onto other projects. Projected monthly rental income 1350/mo per unit.
This charming duplex offers a fantastic investment opportunity to add to your portfolio and generate rental income. The property features two units: the upstairs unit boasts 3 spacious bedrooms and 1 full bath, while the first-floor unit includes 2 comfortable bedrooms and 1 full bath. Both units showcase wood floors, adding warmth and character throughout. Additionally, the property includes a basement, providing ample storage or potential for additional use. With its versatile layout and income-generating potential, this duplex is a perfect choice for savvy investors or those looking to expand their rental property holdings.
2 family multifamily residence. Upstairs has separate entrance 1 bedroom, full bath, kitchen. Main level has 2 bedrooms, full bath, kitchen and basement. This has 2 long term tenants that would like to stay in both units. Both tenants would sign a new lease. Newer furnace and hot water heater. Great Income property for Investor.
100% section 8 fully occupied duplex with $2,300 in monthly rents. This property is registered and certified with the City as a compliant rental property for 3 years!! Both units have separate water, electric, gas all of which are paid by each tenant. This property has a newer roof, newer vinyl windows, wood flooring throughout, updated kitchen and baths. Both units feature brand new hot water tank and furnaces. Dry basements. 2 car detached garage. Each unit has individual driveway. This solid performing rental property will not last long, make your offer today! **Photos were taken before tenant moved in. No showings until offer is accepted. Showings will be granted during inspection period. Do not disturb the tenants please.
Introducing 3731 Tyler, a charming brick duplex located in the historic Russell Woods neighborhood of Detroit. This spacious property features two units, each offering 3 bedrooms and 1 bathroom, providing an excellent opportunity for both homeowners and investors. One unit is currently leased, with the potential for viewing upon acceptance of an offer. The other unit is identical to this unit. Nestled in a vibrant and growing community, the neighborhood showcases ongoing improvement efforts, including nearby construction projects and newly established businesses. Take advantage of this opportunity to be a part of Russell Woods' revitalization. Schedule your showing today and explore the possibilities this duplex has to offer!
Nice 3-bedroom, 3-bathroom brick family flat home, move-in-ready property tenant occupied property. This well-maintained residence features spacious living areas Floor 1 has 2 bedrooms and 1 bath. Floor 2 has 1 bedrooms and 1 bath, the basement has a full bath, laundry area, and 4 small rooms. I has a large fenced in backyard. . Close to schools, parks, and shopping, it�s an ideal investment property or large home.
Investment opportunity on Detroit's West Side. Upper / lower with spacious 2 BR units. Vinyl windows. Centrally located near Davison - Lodge interchange. Good candidate to rehab and rent� out.
Welcome to the latest offering from the Detroit Land Bank Authority. Brick 2 family flat located in the historic Russell Woods subdivision. Property needs work, but there is plenty of room to grow in this up and coming neighborhood. 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.
Calling all investors! Here is a great opportunity to pick up a multifamily with double digit ROI. This property has been fully renovated and is ready to place tenants for some strong cashflow! Live in one unit and rent out the other to live for free or buy it as a pure investment and start collecting the rent checks! this one will go quickly so be sure to schedule your showing today!
This multi-family property offers an exceptional opportunity for both investors and homeowners. It includes three distinct units: a spacious 2-bedroom, 1-bathroom bottom unit with a reliable tenant on a month-to-month lease; a charming 1-bedroom, 1-bathroom top unit with a private balcony; and a newly renovated studio apartment with a fresh floor and its own kitchen. The property has been modernized with new windows throughout, two new furnaces, and two new hot water tanks. Both the bottom and top units feature formal living and dining areas. Donââ?¬â?¢t miss out on this unique opportunityââ?¬â??schedule your viewing today!
Remodeled 27 unit apartment complex for sale! 9 two bedroom units and 18 one bedroom units. $850-900 avg rents. 12 of the 27 unit are occupied. The other 10 units are rent ready for tenants. Good for assisted living. Property is solid condition. Property is gated. Mechanical system is in great shape. Just under $100,000 brand new boiler. Updated vinyl windows. New gutters and entry doors. Roof redone in 2018. Led compliance approved. Serious cash buyers only!
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:4 UNIT WITH 2 BDRMS EACHLocation: 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 incentive
Here's your opportunity to own this great 2 family unit located close to the Boston/Edison District, Downtown and Universities. Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. 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.
Nice Multifamily across from Historic Russel Woods Sub. Located near major expressways and the Livernois shopping district youre just minutes from the famous avenue of fashion and historic bakers Keyboard lounge. This multi family has 3 bedrooms in each unit and the floor plans are very spacious, Owner occupant can live payment free or rent these out for $1800-$2000 monthly. Rents are rising so future rents could go higher. Recent updates include some windows, roof repair, complete electrical upstairs and new plumbing throughout. Your portfolio will love this addition.
Property sold as a bundle of 4 with 2324 Pasadena, 2265 Pasadena,and 2325 Pasadena =Totaling $32,000. Not sold separately. 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 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. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing. BATVAI. Please see attached documents for DLBA requirements and offer submission information.
Property sold as a bundle of 4 with 2325 Pasadena, 2324 Pasadena,and 2279 Pasadena=Totaling $32,000. Not sold separately.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 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. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing. BATVAI. Please see attached documents for DLBA requirements and offer submission information.
Property sold as a bundle of 4 with 2325 Pasadena, 2265 Pasadena, and 2279 Pasadena =Totaling $32,000. Not sold separately. 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 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. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing. BATVAI. Please see attached documents for DLBA requirements and offer submission information.
Property sold as a bundle of 4 with 2324 Pasadena, 2265 Pasadena, and 2279 Pasadena=Totaling $32,000. Not sold separately.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 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. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing. BATVAI. Please see attached documents for DLBA guidelines.
Welcome to the latest offering from the Detroit Land Bank Authority! Historic Russell Woods. Brick Multifamily, in need of full rehab. Be very careful during showing. take a flashlight Priced to move. 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. Please refer to DLBA proposal guidelines
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 48238 has a population of 645,658. Detroit 48238 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 48238 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 48238 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.