Fantastic 4-Unit Investment Opportunity in Detroit�s LaSalle Park Community Located in the rapidly developing LaSalle Park neighborhood, this 4-unit multi-family property offers an exceptional opportunity for investors. Each unit features 2 spacious bedrooms, 1 bathroom, hardwood floors, and its own private balcony porch. While the property does require rehab to reach top rental potential, its location within Detroit�s North End Empowerment Zone makes it a prime investment. The area is flush with new developments, including modern condos and renovated multi-unit buildings, ensuring long-term growth and demand. With continued investment pouring into the neighborhood, this property is ideal for those looking to create a lucrative rental income or explore the possibilities of short-term rentals like Airbnb. Don�t miss out on this chance to own a piece of Detroit�s growing real estate market! Buyer to pay listing broker a $495 compliance fee
REDUCED! LOOK AT COMPS 2283 TAYLOR, 8904 LASALLE SOLD 350, 400K SAME SUBDIVISION. LOCATED 90 SECONDS, YES 90 SECONDS FROM HISTORIC BOSTON EDISON DISTRICT YOU WILL FIND 2213 HAZELWOOD NESTLED ON A 4,312 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST A MASSIVE BRAND NEW 40 YEAR TEAR OFF ROOF TOWERING OVER 6 SPACIOUS BEDROOMS . SHE HAS BEEN CAREFULLY UPGRADED WITH 2 NEWLY INSTALLED FURNACES AND HOT WATER TANK. IN ADDITION, THIS HOME DISPLAYS NEWER ELECTRICAL AND FRESHLY INSTALLED PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. THIS BEAUTY HAS JUST BEEN LEASED WITH SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $2590 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT FOR A WHOPPING ROI. THESE TENANTS PAYS ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20%. THE TAXES HAVE BEEN REDUCED TO ROUGHLY $200 PER MONTH. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
Welcome to this 3 unit Multi-family potential home located in the nice neighborhood of Detroit. This home features brand new windows throughout the home, brand new roof, new gutters installed. 5 bedroom and 4 bath brick colonial. 3 bedrooms on first floor unit, 2nd and 3rd with independent kitchen unit with private entry. Huge basement with an extra full bathroom. Fenced yard. This is a great home and investment property. Schedule a showing and don't miss the potential home.
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!
Located in Detroit�s vibrant North End, this fully renovated duplex offers two spacious units, each with three bedrooms and one bathroom. The upper unit includes a large, finished attic, providing extra living space or the potential for higher rental income. With the lower unit already occupied and the upper unit vacant, it�s the perfect set-up for someone looking to live in one unit while renting out the other to generate an income. Both units have been thoroughly updated with brand-new mechanical, electrical, and plumbing systems, along with new windows, doors, and finishes. Ideal for both homeowners and investors seeking a strong income opportunity
Calling all Investors and House Hackers!! Come see this roomy duplex in one of Detroit's most Historic areas, Morningside!!! This Duplex brings in 1000/mo currently from both units. Property has the potential to be more profitable due to rent being below market! Both upstairs and downstairs units have two bedrooms, a den, a dining room and one full bath. Property being sold AS-IS. Set up all appointments through showing time, tenant needs 24 hour notice. Set up your showings today! ALL INFORMATION IS ESTIMATED, PLEASE VERIFY ALL INFORMATION PRIOR TO CLOSING.
This multi-family, income-producing property offers a prime investment opportunity with strong rental potential. The property features two well-maintained units, each with 2 bedrooms and 1 bathroom, providing comfortable living spaces that appeal to a wide range of tenants. Additionally, it includes a 2-car garage, offering added convenience and value. Whether you're looking to expand your real estate portfolio or generate steady passive income, this property presents a solid investment in a desirable location. Don't miss the chance to capitalize on this lucrative opportunity.
**Highest and Best Due by 12PM on Tuesday, Oct 29th** This gorgeous duplex is a dream for any investor or home owner looking to house hack. Located in the highly desirable Bagley neighborhood, it is minutes from the shopping, dining, and entertainment along the Livernois Avenue of Fashion. Enjoy easy access to the Lodge and the short drive to downtown Detroit or the surrounding suburbs. This property boasts stunning original details from the 1920s, like the decorative plaster, original bathroom tile, and hardwood floors; with modern updates to the windows and mechanicals. Three bedrooms downstairs, two bedrooms up, massive basement, and 2 car garage. Schedule your private tour today.
Welcome to 17319 Stoepel! This charming duplex is situated in the highly sought-after Bagley neighborhood. The home features an upper lower unit each with a spacious layout, kitchen, and living room. The first-level unit boasts 3 bedrooms and 1 full bathroom. The second level unit boasts 2 bedrooms and 1 full bathroom. The basement provides plenty of room for storage. This property offers excellent income opportunities for savvy investors. A perfect addition to enhance your portfolioââ?¬â?? donââ?¬â?¢t miss out! BTVAI
This multifamily property presents a fantastic investment opportunity, currently featuring one unit rented for $500 below market value. Its prime location and potential for increased rental income offers immediate cash flow and significant upside for savvy investors. The well-maintained units boast desirable amenities and are situated in a thriving neighborhood, making it an attractive choice for both current and future tenants. Don�t miss the chance to capitalize on this exceptional value!
Calling all Fix and Flippers, House Hackers, Air BnB Host and Rehabbers. We have a great Investor special with loads of opportunity... 3 bedroom Duplex in a up and coming area. Roughly a mile from Henry Ford Hospital, Motown Museum and the New Center area. There's a ton of Commerical, as well as, residential construction buzzing all around this area. One half of the duplex has been gutted down to the studs and the other half has been cleaned out. Although this project needs a full gut renovation, the bones of the structure is solid and the property values are climbing. The Sellers torn down the old un-safe porches on each side and had new porches built. Now you can take it from there. Don't miss out on this one!
Prime Investment Opportunity! Become the proud owner of this fully updated 5-unit apartment building, featuring modern energy-efficient appliances, a new furnace, and hot water tank. With all major updates completed, no repairs are neededââ?¬â??unless you choose to make enhancements! Each unit is fully occupied with responsible tenants, ensuring immediate income. Whether you prefer to maintain these units as rentals or explore the potential of converting them to condos (with city approval), the possibilities are endless. Conveniently located near major expressways, just 15 minutes from downtown Detroit, and 20 minutes from Detroit Metropolitan Airport.
Turn key, cash flowing investment property in Detroit's Aviation Sub! Side by side duplex with performing tenants. Updated 2 BR units rented for 1050 and 1075 monthly. Separate entrances and one car garages. Professionally managed. Leases and ledgers available upon request. No showings prior to accepted offer. Do not disturb tenants. Sale includes 8203 Manor and 8209 Manor. Excellent location near the Detroit / Dearborn border.
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.
Colonial style multi-family home. Great for large family or investment property. The property consists of two units. Each unit is three (3) bedrooms and one (1) full bath, unfinished shared basement and fenced yard. Property is turn key and ready for move in.
Discover a fantastic investment opportunity in Detroit with this charming brick and vinyl multifamily duplex! Each unit features 2 bedrooms and 1 bath, offering comfortable living spaces with potential for added value. Both units are currently rented, providing immediate rental income. This property could continue to be a great rental or a perfect home for an owner-occupant looking to enjoy one unit while generating income from the other. Donââ?¬â?¢t miss out on this property with endless potential to boost your real estate portfolio or create your ideal living situation. Act fastââ?¬â??opportunities like this donââ?¬â?¢t last long!
Welcome to this beautifully renovated duplex in the heart of Jefferson Chalmers! This charming property offers two spacious units, each featuring modern updates and classic appeal, making it perfect for investors or homeowners looking for additional rental income. Located in the booming Jefferson Chalmers neighborhood, this duplex includes two units, each with three bedrooms and one bathroom. Both units boast fully updated kitchens, stylish cabinetry, and butcher-block countertops. The bathrooms have been renovated, featuring contemporary fixtures and finishes. The large living and dining areas in each unit provide ample space for families or entertaining guests. Each unit has its own private entrance, ensuring privacy and convenience for residents. Each unit has their own access to the basement and their own laundry setups. This duplex is an incredible opportunity to own a piece of Jefferson Chalmers. Whether you're looking to invest or settle down, this property has it all.
Large Multi-family all brick home with basement and detached garage. There are (2) separate 2 bed/1 bath units. Some work has been done but overall this home is in need of renovation. Each unit has its own private covered patio. Full deep basement. Lots of good features, like hardwood floors and bold architecture to preserve and add to sweat equity. All information to be verified by buyer and or buyers agent.
Investors- Solid duplex ready for your final touches and tenants! Quiet block in an area with tremendous equity potential. SIDE LOTS INCLUDED IN SALE - a BRICK Two family and three lots for Fifty Seven Thousand Five Hundred a door! NOTHING BUT POTENTIAL! Buyer Agent To Verify All Information As IS -no Mechanicals to be installed
Both units are basically the same living room, dining room, kitchen, two bedrooms, and one full bath. Add this to your investment portfolio. Located in the up-and-coming city of Detroit. Near great restaurants, local stores, and entertainment, and just a few minutes from the highway! You will not want to miss out on this one, book your showing today!
Located on Baldwin Street just north of The Villages neighborhood,The Balren apartment building is within close proximity to Downtown Detroit and all major highways. Built in 1925, the three story brick building has been under renovations and presents a value-add investment opportunity with potential for over $300,000 in gross income. List of improvements permitted and approved by BSEED include in-wall and underground plumbing, mechanical, electrical, new split units installed and new framing completed for 13 of 26 units. There�s a new laundry room with new concrete slab in basement. The building consists of 26 apartments including: - 6 studios - 18 one bedrooms - 2 two bedroom apartments. Expected monthly rents range from $850 to $1,250 per month. There�s an additional parking lot included directly next to the building.
Welcome to this charming brick duplex located at 2907 Ewald Cir, Detroit, MI 48238-2552 in a desirable neighborhood of Wayne County! This property features two spacious units, each with 2 bedrooms and 1 bathroom, offering a total of 1,600 sq. ft. of living space. The downstairs unit is currently occupied by a tenant who pays $1,000 per month, making this an excellent investment opportunity. The upstairs unit is vacant and rent-ready, perfect for immediate leasing or owner-occupancy.Situated in a vibrant community, this duplex is conveniently located near major thoroughfares, providing quick access to downtown Detroit and surrounding areas. Residents will appreciate being close to local amenities, including grocery stores and restaurants, ensuring all daily needs are within reach.
Mechanically sound building perfect for investors! This brick multi-family property features two fully occupied units. The upstairs unit has been recently renovated, while the downstairs unit is home to a long-term tenant. Each unit offers 2 bedrooms, 1 full bath, a kitchen, and a dining room. Please note: A 48-hour notice is required for showings due to occupancy. If the buyer prefers the duplex vacant at closing, we are offering cash for keys to the tenants. All measurements are approximate, and showings are by appointment only through the listing agents.
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).
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.
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.