Unlock a prime investment opportunity with this rare and splendid Victorian duplex, originally built in 1900 and located in the heart of the historic Brush Park neighborhood. This charming property combines historic architectural elegance with modern updates, making it a standout choice for savvy investors. Currently configured as a duplex, this property offers the flexibility to generate rental income while retaining its historic allure. Recent updates include modern plumbing (copper water supply and PVC drains), electrical systems, HVAC, and insulation, ensuring a seamless blend of old-world charm and contemporary convenience. Each unit in this distinctive duplex features spacious living areas, original architectural details, and the potential for stylish renovations that will enhance its rental appeal or provide comfortable living spaces with many possibilities. This property presents a unique chance to invest in one of Detroit's most sought after neighborhoods with strong rental demand. Whether you're looking to capitalize on rental income or create a dynamic multi-family residence, this Victorian duplex offers a promising investment opportunity with enduring value. Live in half and rent out or AirBNB the other half. Contact us today to schedule a private tour and explore the investment potential of this captivating Victorian duplex. Located within an existing NEZ Rehab District.
Investor Opportunity!
House needs total rehab. It has already been started and has a new roof and rough electrical (already inspected). This area is selling really well with in construction also in the area. We can assist with setting up rehab, project management and rehab loans. Buyer's Agent to verify all information. Buyer to pay Listing Broker a $595 Doc Fee.
Welcome to the spectacular Stanton Building. Take advantage of this opportunity to own a piece of Detroit History. This 33 unit apartment building in New Center is located down the street from the new 2.5 Billion Dollar Henry Ford Health System Development. The Stanton boasts 4 full floors of residential units, offering 13 one bedroom units and 20 two bedroom units. The current owners have repaired the masonry work on the exterior of the building, including parapets. The building is in need of rehab to bring it back to its original glory and is simply waiting for the perfect investor who wants to make a great return on investment after completion. This sale includes three additional lots: 2350 Stanton, 6540 W Grand Blvd, and 2368 W Grand. Phase I & II environmental reports have been
Buyer got cold feet 5 days before closing. INSPECTION PASS, APPRAISAL CAME AT VALUE WITH NO REPAIRS. RARE FIND! 4 bedroom and 2 bath ON EACH UNIT. Many updates such as new flooring, new carpet, new plumbing, new electric, new roof in 2021, hvac updated, new hot water tanks. BOTH UNITS RENTED OUT AT 1400 EACH. 1500 EACH WITH NEW OWNERS Certificate of compliance from city. Great opportunity for investors or house hack.
Rarely available four unit close to downtown and the Kercheval cut. Close to retail, transportation and so much more. Bring your offer today. All brick, at street parking.
Rarely available four unit close to downtown and the Kercheval cut. Close to retail, transportation and so much more. Bring your offer today. All brick, at street parking.
This house is ready to be come a home! This property has updated mechanicals such as furnaces & water heaters. New windows, plumbing and electrical have been updated. Each unit has its' own front and rear entrances! This is a blank canvas waiting for a creative investor and/or family to take it all the way to greatness! The home features a 2 car garage which is rare with most multi-family properties! From more information, contact your agent and/or contact our office.
PRICE REDUCTION FOR QUICK SALE!! BEAUTIFUL ALL BRICK 3 UNIT. COMPLETLEY RENOVATED. FIRST FLOOR HAS 2 BEDROOMS, LIVING ROOM, DINING AREA, KITCHEN, & FULL BATH. SECOND FLOOR HAS 3 BEDROMS, LIVING ROOM, DINING ROOM, KITCHEN & FULL BATH. THIRD FLOOR HAS LIVING ROOM, DINING AREA & KITCHEN ALL OPEN CONCEPT, FULL BATH & ONE NICE SIZE BEDROOM. ALL NEW KITCHENS & BATHS. ALL WHITE KITCHEN CABINETS W/GRANITE COUNTERTOPS. NEW VINYL FLOORING THROUGH OUT. NEW WINDOWS, NEW ROOF, NEW FURNACES (3 UNITS). EVERYTHING HAS BEEN UPDATED. SEPARATE ENTRANCES. SEPARATE UTILITES. QUITE AREA. CLOSE TO FREEWAYS. COME TAKE A LOOK YOU WILL LOVE IT.
Investment multifamily opportunity .This spacious layout is waiting for an owner to add their own touches. Check this out before it�s gone. Make this yours today! Reach out for all showings!
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
Well kept multi-family w/2 nice size bdrms in each unit. First flr unit has a large picture window , natural fireplace, and a large functional kitchen. 2nd floor unit has a large open kitchen with a nice size living room and dining area. Common basement with separate laundry rooms and storage area. Each unit has central air and utilities are separate. Driveway and nice size backyard.. Agent to verify all info. Agent must be present at showing. 24 hr notice to show.
Seize the opportunity to invest in a highly lucrative rental property, perfect for both long-term and short-term rentals. This multi-family property features spacious 3-bedroom units, ideal for attracting a wide range of tenants. Recently renovated floors add to its appeal and potential. With an ARV (After Repair Value) in the $250,000 range, this property promises significant returns. The motivated seller is retiring from the landlord business, making this an opportune moment to step in and add your personal touch to maximize its potential. Don't miss out on this exceptional investment opportunity!
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.
INVESTMENT OPPORTUNITY!! This beautifully updated two family flat on Detroit's eastside is ready for its new owners. Both units were freshly painted with each unit including living room, dining room, kitchen, bathroom with two bedrooms each. Separate heating system for both units. Fenced in yard with private wood fencing. Lower unit furnished with stainless steel appliances (refrigerator, stove, dishwasher, over the range microwave) and separate washer and dryer in the basement, rear deck leading from main bedroom and cental air unit, rented for $1,000.00 Upper unit is furnished with black refrigerator, stove, ceiling fans and built in 25,000 btu window air conditioning unit with separate washer and dryer in basement which is being rented for $950.00. DO NOT DISTURB TENANTS. DO NOT APPROACH TENANTS.
A remarkable duplex with a large lot situated in a prime location. The property includes a 2-car garage and two generous two-bedroom units. One unit has a dependable tenant, while the other is vacant and ready to rent. This duplex presents an excellent investment opportunity with significant rental income potential.
This multi family home is in need of some tender loving care, making it the perfect investment property for someone looking to renovate and increase its value. The foundation is made of sturdy brick, providing a solid base for any improvements that may be needed. With some updates and repairs, this property has the potential to generate rental income for years to come. Don't miss out on this opportunity to turn this diamond in the rough into a profitable investment.
This spacious two-unit property presents a fantastic investment opportunity or an ideal home for first-time buyers. Each unit is well-appointed, offering comfortable living spaces and the potential for rental income. Don't miss out on this versatile and valuable property!
Rare Three Unit Multi-Family on Three Lots. 105FT of water frontage, deck spanning the entire length, 2 docks, 8 boat wells, and new seawall. Huge upper unit with massive 4-season enclosed porch and new windows. Two lower units with huge parking area for 10+ cars. One 2bed/1bath unit. Two 1bed/1bath units. Call to schedule personal tour.
Welcome to your next investment opportunity in the heart of Southwest Detroit! This 10-unit building is a beacon of potential, boasting numerous features that make it a lucrative addition to your portfolio.The upgraded units in this building command top dollar, with rents reaching up to $1,200 per month. This means a potential annual income of around $140,000 when all units are fully upgraded.Southwest Detroit is experiencing rapid appreciation, making this property an even more attractive investment. The neighboring $4.4BN Gordie Howe Bridge development is scheduled to complete next year. Its surrounding areas have seen significant development, making it an exciting time to invest in this community.Each unit in this building is individually metered.
Solid brick Duplex located in Detroit's desirable East English Village. This brick Tudor has a lot of original charm including hard wood floors, original bathroom tile, & fireplace. Lots of major updates have been done to this property including HVAC, Hot Water Tank, Plumbing, & electrical. Located on a nice size corner lot with a nice yard & functioning garage. Perfect property to add to your portfolio or for an owner occupant to house hack.
Solid brick, 4 unit apartment building for sale. Each unit consists of living room with fireplace, dining room, updated kitchens, 2 bedrooms and full bath. All units are identical in layouts. Each unit can easily rent Section 8. This building is poised to bring in a healthy return yearly. Separate electric and gas for each unit. One water meter for the building. Low property taxes. This building is perfect for a buy and hold investor looking to start with a multi family project in Detroit! Each unit has been freshly painted.
This fully occupied 2 family flat is nestled on a quiet block located in Detroit's highly sought after Piety Hill neighborhood. Each spacious 2 bedroom, 1 bathroom apartments feature hardwood floors, bedrooms with ample closet options, and updated kitchens with lots of cabinetry. The plumbing, electrical, and heating systems are all brand new. This place is the perfect purchase for a savvy investor. The upstairs apartment is currently being rented for $1,445, while the downstairs unit is being rented for $1,195 ($2,640 monthly total). Less than 10 minute drive to downtown Detroit, and a 5 minute drive to midtown, this home ownership opportunity is uniquely rare and one to take advantage of. Newly renovated duplexes in the most desired neighborhoods in Detroit are moving quickly. Act fast.
Beautiful two family remodeled property with basement and detached two car garage.All Appliances are included. Covered Front porch. Fenced Yard. Security system and security doors. Updated bathrooms and Kitchen. Freshly painted. Newer furnace and hot water tanks along with updated electrical. Current tenant occupies both units. Newer Roof. Newer Siding. Great investment opportunity and professionally managed.
Welcome to 17375 Kentucky Street! Ideal for investors, this multi-family property is a golden opportunity. With some TLC, this property boasts excellent earning potential. Located in the Bagley District features 2 units - one on each floor - complete with 2 bedrooms and a fireplace in each. Schedule your showing today! BTVAI
The median home value in Detroit, MI is $93,000. 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 $93,000. 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.