Opportunity to own a Duplex in Detroit's West Village neighborhood. This historic home has original charm with convenient modern updates. Updates which include new plumbing, electrical, windows, 2 efficiency furnaces, 2 hot water tanks, roof, new kitchens, and new bathrooms. This is a turn key property ready for a owner occupant to live in one side and lease the other or an investor to add to their portfolio. This is located in a very walkable area in West Village just blocks from Red Hook, Two Birds, Sister Pie, Butzel Park, Huddle, & Belle Isle.
Calling all INVESTORS!! This rare, side by side duplex is a must see! Each side is a two bedroom, one bathroom unit. Two bedroom rent's in the area can go as high as $1,100/month making for a great potential cash flow! Both units are currently vacant and in need of light rehab.
Exceptional !!! From Top to Bottom. Living rms w/ Fireplaces and shelving. Formal Dining area, Ceiling Fans and Hardwood floors thru out the units. Remodeled Kitchens. Newer doors, Most of Windows are newer. 3 nice size Bedrooms, upper and lower. Beautifully decorated Baths. Spic and Span Basement w/ Newer Furnaces and Hot Water Tanks featuring Glass Block Windows. The seller has made this a true GEM! Upper unit is rented to a good tenant for 1000 a month, leaving you the opportunity to Move In or rent out for possibly up to 1200 a month your call. Any way you slice it, IT's a. GREAT DEAL. Very low maintenance. Roof is 5yrs young.
There are no showings without an accepted offer. Please do not disturb tenants.Discover a rare investment opportunity in the heart of Piety Hill, one of Detroit's most sought-after neighborhoods. This recently renovated 4-unit property features studio apartments, with 3 long-term tenants in place and 1 unit currently operating as a successful Airbnb. Just a 5-minute drive to Midtown and less than 10 minutes from downtown Detroit, this property is perfectly positioned for convenience and growth.With quadplexes in high-demand areas moving fast, now is the time to act. Whether you're expanding your investment portfolio or seeking a property with immediate rental income, this opportunity won't last long!
*** INVESTOR SPECIAL****
Great investment opportunity with this performing turnkey asset with long term tenants (15+ years). Each unit paying $750/monthly and on time! Tenant pays heat, electric and water. New roof, gutters, downspouts & small interior renovations just summer of 2024. Access to be arranged after a full price offer.
This spacious 5-bed, 2-bath multi-family home with a garage offers incredible potential for the savvy investor. While the home features dated windows, furnace, and hot water system, and requires updates to the knob and tube wiring, there are no structural issues. The roof, only 5 years old, adds significant value. The property has an After Repair Value (ARV) of $200K, making it a strong investment with mainly cosmetic and electrical updates needed. The flexible layout includes two kitchens, making it ideal for a multi-family setup. Located in Detroit's historic Dexter-Linwood neighborhood, right off Dexter Ave, this home is close to the Boston-Edison Historic District, New Center, the Detroit Golf Club, and major roadways like the John C. Lodge Freeway and Livernois Avenue, providing quick access to downtown Detroit. Don�t miss this fantastic investment opportunity! FOR SALE ON ASSIGNMENT ONLY. Title is clear with Title Inc, warranty deed transfer. Seller pays ALL: water bills owed, taxes owed, blight tickets or anything else. Buyer to pay closing costs, including: transfer taxes, title insurance, closing fees. Any water or taxes owed will be paid at closing by the seller. Sold AS IS - BATVAI to verify all information listed. This property is being sold as-is for the current list price. However, please ask the seller's agent for details about possible renovations that the seller is willing to do if the cost of the renovations is added to the purchase price.
This spacious 5-bed, 2-bath multi-family home with a garage offers incredible potential for the savvy investor. While the home features dated windows, furnace, and hot water system, and requires updates to the knob and tube wiring, there are no structural issues. The roof, only 5 years old, adds significant value. The property has an After Repair Value (ARV) of $200K, making it a strong investment with mainly cosmetic and electrical updates needed. The flexible layout includes two kitchens, making it ideal for a multi-family setup. Located in Detroit's historic Dexter-Linwood neighborhood, right off Dexter Ave, this home is close to the Boston-Edison Historic District, New Center, the Detroit Golf Club, and major roadways like the John C. Lodge Freeway and Livernois Avenue, providing quick access to downtown Detroit. Don't miss this fantastic investment opportunity! FOR SALE ON ASSIGNMENT ONLY. Title is clear with Title Inc, warranty deed transfer. Seller pays ALL: water bills owed, taxes owed, blight tickets or anything else. Buyer to pay closing costs, including: transfer taxes, title insurance, closing fees. Any water or taxes owed will be paid at closing by the seller. Sold AS IS - BATVAI to verify all information listed. This property is being sold as-is for the current list price. However, please ask the seller's agent for details about possible renovations that the seller is willing to do if the cost of the renovations is added to the purchase price.
Investors look no further than right here! PRIME LOCATION!This 2 unit property is an excellent rehab opportunity, this diamond in the rough sits between the historic Boston Edison and Lasalle Gardens/Virginia Park neighborhoods and New Center-Midtown area. Right around the corner from THE CONGREGATION DETROIT, minutes from downtown Detroit and right around the corner from Henry Ford Hospital. You can rent both units or live in one and rent the other. Full rehab and clean-out need on this one bring you imagination! This is a CASH ONLY OFFER, SOLD AS IS, all offers must have proof of funds attached. Buyers agent must be present for all showings.
Seize a prime investment opportunity with this charming two-family home in Grosse Pointe, already generating income with long-term tenants in place. The property features one unit with 1 bedroom, 1 bathroom and another with 2 bedrooms, 1 bathroom, offering a versatile rental portfolio. Conveniently located near St. John Hospital, I-94 freeway, retail and dining, this home ensures stable earning potential for investors while providing tenants with a comfortable living environment. Whether you're looking to expand your real estate holdings or start earning immediately, this property offers both value and opportunity in an excellent location. Don't miss out on this investment!
Turn Key Investment! Upper Unit Rented. Luxury Style Renovation. Fully gutted and renovated in 2023 this 2 Family flat has new windows, roof, electrical, plumbing, HVAC and appliances. 2 blocks from 50M Motown Museum renovation and Henry Ford Hospital. Agent owned.
Investment opportunity available on the Westside Detroit. 2 family flat. Partially updated.
Investment Opportunity! Fully Rented 2 Family Flat. Turn Key Investment.
Welcome to 532-534 Alter Rd. A meticulously maintained and updated duplex on a highly sought after street with very few properties coming to market. Lower unit is 2 beds and 1 bath and upper unit is 1 bed and 1 bath. Units boast refinished hardwood floors, updated kitchens, and clean and well maintained bathrooms. Other upgrades include vinyl windows, newer furnace and hot water heater, central air, updated electrical, keypad access to property and units, 2 car garage with power, and french drainage system in basement. Both units are rented to short term tenants - lower through 12/31 and upper through 11/5. Schedule showing today, this one will not last long.
Well maintained, turnkey duplex, offering strong cap rate at existing asking price. Sale includes adjoining 9020 Ohio St. One unit is rented, and one vacant. Mirrored floorplan. Finished loft can act as third bedrooms in both units. BATVAI. Sold as-is.
Open House:
Sunday, 11/10 12:00-2:00PM
Investor Special!!! Welcome to the land of opportunity in this Vintage Property. Currently set as two units with the possibility of a third, this property boasts plenty of opportunity for a tremendous return. With private entry into each unit, the main floor hosts 3beds/1bath while the second floor is 2beds/1bath. Third floor may be transformed into a Studio/1Bed unit. Newer Boiler system, newer Roof and original hardwood floors throughout. Don't miss this chance on a great investment.
24 HOUR NOTICE FOR SHOWINGS> NO EXCEPTIONS>Long term tenants who would like to stay. Lower level at 1200. Upper level currently 900.00.All month to month. Tenants would like to stay Appliances belong to the tenants.Solid Duplex in the highly desirable Islandview district!!Close to Belle Isle,West Village, Indian Village Detroit River activities and downtown is just minutes away!!Income producer with much of the original hardwood throughout.Hardwood floors throughout!! The hiome needs some maintenance and updating but is in solid shape!!Many new projects on this street and the surrounding streets. Part of the area where Dan Gilbert has given millions in funds to increase the upgrade of the neighborhoods. Great investment opportunity!!
Calling all Investors!! This is your chance to capitalize on the booming Detroit real estate market. This 2-family property offers exceptional investment potential. Property is in great shape making for strong cash flow day one with potential for increased returns. Don't miss out on this incredible opportunity to build wealth through real estate. Contact us today to schedule a viewing!
Upper/Lower Flat could be a great Airbnb, rental, or live in one and rent the other. Bring your paint brush and build sweat equity. Area rents are around $1,000 so live in one unit and let your tenant pay! The house needs work. New flooring, paint, kitchen remodel and bath updates. The price is right for someone handy or an investor who wants to live close to downtown! The neighborhood is transitioning and this is the right time and the right price to buy. BOTH units are included for only $64,000.
INVESTORS: MULTI FAMILY FOR SALE. SALE AS-IS. SELLER NEVER LIVED IN THE HOUSE
CALLING ALL INVESTORS OR FIRST TIME HOMEOWNERS....STOP AND LOOK!!! THIS IS A 2 FAMILY UNIT WITH 2 BEDS, A BATH WITH SEPARATE FURNACES. UPDATES INCLUDES A NEWER ROOF, A NEWER FURNACE, NEWER PLUMBING AND ELECTRICAL. THIS INCOME PRODUCING UNITS ARE CLEAN AND MOVE IN READY! SHOWINGS BY APPOINTMENT ONLY.... PLEASE DO NOT DISTURB TENANTS!
Welcome to 16701 Tuller Street, a beautifully renovated duplex located in the heart of Detroit, MI. This property has been meticulously upgraded from top to bottom, making it an ideal turnkey investment opportunity for buyers looking for immediate cash flow and solid returns. Priced at just $134,900, this 4-bedroom, 2-bathroom home offers tremendous value with an above-average 9.73% CAP rate. Key Features: - Fully Renovated in October 2024 ââ?¬â?? Enjoy peace of mind with new plumbing, two brand-new hot water heaters, updated electrical systems, and fresh paint throughout both units. - Modernized Kitchens & Bathrooms ââ?¬â?? Both units have updated kitchens and bathrooms, featuring new flooring, cabinetry, and fixtures. - Income-Generating Property ââ?¬â?? The upper unit will be rented for $650/month to a reliable tenant whose rent is covered by The Michigan State Housing Development Authority through December 2024. The lower unit is rented for $1,175/month, bringing total monthly rental income to $1,825. Tenants are responsible for all DTE utilities and partial water. - High ROI Potential ââ?¬â?? With stable tenants in place and minimal maintenance required after the renovations, this property offers an incredible investment opportunity with a 9.73% CAP rate, ensuring strong returns on your investment. Assuming a 15%-20% down payment on an investment property loan and today's interest rate, the monthly mortgage payment would be roughly $879. Property monthly rental income is $1,875. - New 6ft Privacy Fence ââ?¬â?? The fully fenced-in yard provides added privacy and security for tenants, enhancing the overall value of the property. - Two New Hot Water Heaters, New Windows, Updated Furnace ââ?¬â?? Both units are fitted with some new windows and an updated furnace, ensuring energy efficiency and comfort for tenants year-round. This property is legally zoned as a duplex but can easily be converted into a spacious single-family home, adding even more versatility for future owners.
Welcome to 12533 E Outer Drive located in the heart of East English Village. This beautifully updated two-family flat offers endless potential. It's primed for MTR/STR, with the option to live in one unit while generating income from the other. Recent updates include refinished hardwood floors, fresh paint throughout, sleek new cabinetry, modern fixtures, ceramic tiled bathroom and a brand-new porch for outdoor enjoyment. Each unit is filled with natural light and charm. The two-car garage provides parking plus an opportunity to build an additional unit above, perfect for added income. Ideal for investors or owner-occupants looking for extra space. Don't miss out on this versatile gem in a fantastic neighborhood!
PRIME LOCATION NEAR DOWNTOWN CENTRAL BUSINESS DISTRICT AND EASTERN MARKET. LARGE DUPLEX WITH 4 BEDROOMS AND A LOFT IN EACH UNIT. 1.5 BATHROOM IN EACH UNIT. SEPARATE UTILITIES. NEEDS RENOVATIONS AND REHAB. EXCELLENT INCOME PRODUCER OR LIVE IN ONE UNIT AND RENT OUT THE OTHER UNIT. VERY SPACIOUS THROUGHOUT.
INVESTMENT OPPORTUNITY: Siding home in attractive neighborhood with basement and garage. Home requires complete rehab
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.