This is a great opportunity to own a fully rented multi unit rental property in the city of Detroit. The tenants are all month to month leases, and all of them have been long-term, which is why the rents are so low. The building is in good condition with no known needed repairs. all four units have two bedrooms and one bathroom each. there is the laundry room in the basement. All furnaces and hot water tanks are fairly new. The lot next-door also goes with the building. This building is close to all major freeways and only minutes from downtown. There is a $495 admin fee charged to all buyers at closing payable to Rockefeller�s Realty. No showings will be allowed until an offer is accepted. Please do not approach the tenets.
Welcome to East English Village, here is a lovely 2 up 2 down bedroom 3full bathrooms multifamily property. Very well kept home in a thriving neighborhood. Nice size back yard with a 2 car garage. Rather for living or an investment property this property is move in ready up an down. B.A.T.V.A.I WARRANTY DEED AT CLOSE, BUYER PAYS 495 TRANSACTION FEE TO LISTING BROKERAGE AT CLOSE PLEASE GIVE 24-48HR FOR SHOWING REQUEST NO SAME DAY SHOWINGS WILL BE GRANTED
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.
Great investment property..Beautiful brick fully renovated 2 family flat, both units have been completely renovated with new kitchen, bathroom, vinyl flooring through out, fireplace, some new vinyl windows, new furnace, water heater, plumbing and updated electrical. Each unit comes with stainless steel appliances. *Property was recently appraised at VALUE.* Seller is looking for q quick close. Land contract terms are available with large down payment. Property is 15 minutes from downtown Detroit, near shopping and public transportation.
Calling out to all Investors! This is a property you do not want to miss, located near some impressive developments such as the Joe Lewis Greenway & Union Carpenters and Millwrights Skill trades center this property is key on any investors radar looking to add to their portfolio!
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 brick duplex offers a unique investment opportunity with its solid construction and classic appeal. Has a basement that provides additional storage or potential living space, perfect for maximizing rental income or creating a personalized living area. Whether you�re an investor looking to expand your portfolio or a homeowner seeking a versatile space, this duplex offers the potential to meet your needs in a desirable and enduring package.
This duplex presents a prime investment opportunity in a rapidly growing area of Detroit's Eastside. The property features two unitsââ?¬â??one with 3 bedrooms and 1 bath, and another with 2 bedrooms and 1 bathââ?¬â??offering flexibility for rental income or conversion to a single-family home for maximum ARV potential. Recent upgrades include a new roof, gutters, and electrical system (2024), along with a new sewer line, water main, and gas lines, all inspected by the City of Detroit. The property also boasts newly enclosed porches, enhancing both its functionality and appeal. Additionally, two adjacent lots are available for purchase through the City of Detroit for just $100 each, providing further development opportunities. The seller will include newly purchased windows with a reasonable offer. Donââ?¬â?¢t miss this chance to invest in a promising and evolving neighborhood! *BATVAI Please have showings accompanied by licensed agent.
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!
UP and coming Neighborhood, Beautiful brick 2 family flat I
2 SHORT-TERM RENTAL UNITS, 1 COMMERCIAL RETAIL, 1 OFFICE LOFT Opportunity knocks: 3-unit turnkey investment property. Detroit Superhost Management Two, 4 Bed 1.5 Bath STR units One Retail unit One Office Loft Alley access to fenced-in yard. Located on the edge of Eastern Markets expansion zone. Ask for complete details: 2022-24 Operating Expenses and NOI
Lucrative investment opportunity in the North End on Horton Street with a side lot. Former single family home converted to three apartment units. Each unit has rough plumbing, rough electrical, and HVAC completed, along with newer roof and windows. Each unit has two entrances, individual rear decks, and space for mechanicals. Common basement envisioned as shared space for laundry and storage. First floor is a large one bedroom with original brick fireplace in the living room. Second floor is a 2 bedroom apartment. Third floor can be used as one bedroom or studio. Architectural drawings for the project included with the sale and drawings have been approved by city of Detroit. Current market rents have a projected gross monthly income of $5k. Several new construction multifamily and single family buildings on the same street and block. 3 unit multifamily buildings have been built in the neighborhood on the same lot size as the side lot included in the sale. Side lot address is 420 Horton. Truly a premier investment opportunity - location, location, location!
Rare opportunity to own this well maintained multifamily in the Woodbridge Historic District, near Wayne State University and midtown! This charming multi-dwelling features a 3 bed/2 bath unit, a 2 bed/1 bath unit, & a 1 bed/1 bath unit. The basement has been finished and is being rented as a studio unit. Also, there is an attic that could be finished to add an additional loft unit! The property is nicely landscaped w/ a large front porch, fenced in yard, back deck, and a 2-car garage with copper plumbing throughout. Roof, windows, and central air are approximately 13 years old. Properties like this do not go on the market often! Don't miss the chance to own this money maker!
EAST VILLAGE Investment Duplex. Great bones. It needs work to reach its full potential. The seller is motivated!
WOW! Amazing opportunity on this 2 unit Detroit home. Each unit features THREE bedrooms. Endless possibilities in this one. Could be a potential section 8 cash cow, airBNB or whatever you desire!! Close to Jefferson, Grosse Pointe, and the Detroit river. Sold as is. Buyer and agent to verify all information. Cash only sale. To help visualize this home�s floorplan and to highlight its potential, virtual furnishings may have been added to photos found in this listing.
Call for SHOWING. Large ONE bedroom EACH UNIT; duplex side by side. On basement. Live in one side rent other or rent both
**Property Description:** This multi-family property, located in a promising neighborhood, offers a fantastic opportunity for investors or those looking to generate rental income. The building features multiple units that, with some TLC, can be transformed into a highly profitable investment. The property requires renovation, providing a blank canvas in the upper unit for you to tailor the space to your needs or the demands of the rental market. Once updated, this property has the potential to generate up to 2,200 per month in rental income, making it an excellent option for those looking to build wealth through real estate. With a solid structure and ample square footage, this property is poised to become a high-yield investment. Don't miss this chance to turn a fixer-upper into a valuable income-generating asset!
SOLID BRICK 2 FAMILY WITH 2 BEDROOMS, FORMAL DINING RM & SEPARATE BASEMENTS EACH. LARGE ROOMS THROUGHOUT. AN INVESTOR'S DREAM! SEPARATE UTILITIES. BEING SOLD AS-IS. BUYER SHALL PAY 495 TRANSACTION FEE TO LISTING BROKER AT CLOSE.
Multi family home available! Sold AS-IS Cash only.
4751 Trumbull-Stunning 3-MF Unit ââ?¬Å?Queen Anneââ?¬Â? Victorian MF-Beautifully updated, originally built in 1898, located in the highly sought-after Woodbridge Historic Neighborhood. This remarkable 3-unit MF property blends charm w/ modern mechanical & operational updates offering a unique investment opportunity or multi-generational living space. From the entry, the main vestibule & stairwell greet you with wood accents, paying homage to the original grander of its construction. The main floor 1-bedroom unit has natural light flooding all living spaces w/ a front greeting room, living room, & large bedroom w/ original wood built-ins & hardwood floors. The kitchen in the rear has a mud room equipped w/ a laundry hook-up for convenience. The 2nd floor offers a 2-bedroom 1 bath unit w/ large living room w/ access to a front deck. It is currently owner occupied but has incredible income potential. The 3rd floor unit has 2 bedrooms/1 bath but 1 bedroom can be used as a large living /flex space, plus a large laundry/storage room. ALL 3 units have separate furnace, AC & Hot water tanks. ALL 3 kitchens are located in the rear of each unit close to driveway & parking, making unloading easy. Plumbing has been comprehensively updated, including a main water line replacement w/ copper piping & PVC sewer pipes w/ anti-backflow valves. In addition, the main sewer line has been replaced from the backyard addition to the alley. BONUS!! Basement drainage pipes are already installed for a FUTURE 4th APARTMENT, complete with kitchen & bathroom rough-ins. Water pipes have been separated for each floor, allowing for easy monitoring & control from the basement. The home is well-insulated with fiberglass, Rockwool, & blown-in cellulose, complemented by energy-efficient vinyl windows. Outside space off rear decks and front porch. Enjoy mature Chestnut and Maple trees providing shade & a serene environment. The driveway from Trumbull was replaced in 2022, leading to a rear parking area.
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.
Excellent opportunity on this East English Village 2-family. One unit occupied (down). This home needs some work but at this price there is room to upgrade and have immediate equity. There are no showings until there is an accepted offer. Please do not approach tenants. Buyer and Buyer's agent to verify all information.
Attention investors, house hackers, and handy homeowners alike. Take a look at this solid duplex located on a great block on Detroit's Eastside. The upper floor unit has 1 bed and 1 bath. Lower floor is 2 beds 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!
Discover the charm of 7405-7407 Curtis St., a meticulously updated multifamily side-by-side property in Detroit. This residence offers two spacious, newly renovated units designed for modern living while maintaining a classic appeal. Conveniently located in the beloved Bagley neighborhood, 7405-7407 Curtis St. offers easy access to local amenities, schools, and transportation options. This property is an excellent opportunity for investors or owner-occupants seeking a well-maintained, updated multifamily home in a sought-after area. Schedule your showing today! Purchaser to pay 395 processing fee. As-is sale.
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.
The median home value in Detroit, MI is $91,000. 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 $91,000. 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 has a population of 645,658. Detroit is less family-centric than the surrounding county with 15.74% 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 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 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.