Fantastic investment opportunity in Detroit! This all-brick colonial duplex features two spacious units, each offering three bedrooms, one full bathroom, and separate basements. Utilities are separate, with the exception of water. Driveway parking is available, adding to the convenience for tenants. A solid property ready to generate rental incomeââ?¬â??don't miss out on this great opportunity!
Nestled in the heart of the historic Dexter-Linwood area of Detroit, this charming multi-family brick colonial residence beckons with its promise of potential income generation. Boasting two distinct units, each comprising two bedrooms and a full bath, this property offers versatility and convenience. As you step through the separate entries for each unit, you're greeted by the timeless allure of hardwood flooring in one unit, while the other exudes comfort with plush carpeting underfoot. Whether you're seeking a lucrative investment opportunity or considering a multi-generational living arrangement, this property presents an excellent canvas for your vision. Strategically positioned near major thoroughfares such as M-10 and Davison Highways, commuting to Downtown Detroit is a breeze, with the city's vibrant attractions and employment opportunities just minutes away. Embrace the potential of this property and unlock the possibilities of urban living in one of Detroit's most dynamic neighborhoods. BATVAI.
Four-unit brick building. Each unit features two bedrooms and one bathroom, spanning two stories, with storage and laundry capabilities in the basement. The property is a certified Detroit rental. It is currently tenant-occupied but can be delivered vacant at closing.
Welcome to this beautifully renovated duplex, located in the heart of Detroit's Cultural Center! This spacious 3 unit investment property blends modern amenities with classic charm, featuring brand-new stainless steel appliances, and on-site laundry for your convenience. First 2 floors are 3 bed 1 bath units with spacious bedrooms and living spaces, 3rd floor is a studio unit with a kitchen and full bathroom, can be turned into a triplex. Everything in this property has been completely renovated and brand new including appliances, hot water heaters, furnace, and washers/dryers. Outside space is free parking in the backyard with new paved patio. Ready to rent immediately for income investors. Just a short walk to the Detroit Institute of Arts (DIA), local restaurants, grocery stores, and both Henry Ford and DMC hospitals, you'll enjoy the best of city living. Perfect for professionals or anyone looking to be close to it all! PROPERTY IS BEING SOLD 316/314 HENDRIE
Incredible multifamily investment opportunity located just minutes from downtown Detroit, Henry Ford Hospital, and major amenities! Well below ARV, this spacious duplex has the potential to be a high-value flip or high cash-flowing rental. Boasting two oversized units, each features 2 bedrooms and 1 bathroom, complete with grand separate dining rooms and sprawling living rooms with classic fireplaces. Already separately metered utilities, with newer water heaters and furnaces this duplex is ideal for investors looking to expand your portfolio or settle into a home with income potential, this duplex is a must-see!
LOCATED INSIDE THE FAMOUS OAKMAN BLVD HISTORIC DISTRICT, YOU WILL FIND 13167 STOEPEL NESTLED ON A 3,888 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL TRIPLEX CONSISTS OF 3 RECENTLY REMODELED SECTION 8 UNITS. EACH UNIT HAS NEWER PLUMBING AND ELECTRICAL TO INSURE MAINTENANCE FREE CASH FLOW. EACH SPACIOUS DWELLING HAS FRESHLY ROLLED PAINT AND BRAND NEW VINYL FLOORING. THIS BEAUTY HAS JUST BEEN LEASED WITH 1 SECTION 8 TENANT AND THE MONTHLY DIVIDENDS OF $725, OTHER TWO UNITS WITH PROSPECTIVE RENTS OF $2000. THIS DIAMOND WILL WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER. LET'S CLOSE!
Investor special in the Oakman Blvd community! This multi-family property, with two units (each 2 bedrooms, 1 bathroom), needs significant renovations but offers huge potential!
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.
Charming Full Brick 2-Story Bungalow - 4 Bed, 2 Bath with Full Basement. This beautifully maintained full brick bungalow is ready for its next owner! Featuring 4 spacious bedrooms and 2 full bathrooms, this home is perfect for families or those seeking extra space. The full basement adds even more room for recreation or storage. **Key Updates: ** Roof (2020) Furnace (2017) Hot Water Tank (2017) and freshly painted throughout, move-in ready! All appliances are included, this property won't last long. Schedule your showing today and make this gem yours!
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 Property! Start making money as soon as you close, Tenants will pay the Mortgage plus cash for you. All the UPDATES has been done.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! units are rented to good tenants for 1000 a month. IT's a. GREAT DEAL. Very low maintenance. Roof is 5yrs young. Seller is willing to contribute towards Buyer's Closing Cost. Where do I sign
*** 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.
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!
Investment opportunity available on the Westside Detroit. 2 family flat. Partially updated.
Investment Opportunity! Fully Rented 2 Family Flat. Turn Key Investment. Side lot included rear of house.
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.
INVESTORS: MULTI FAMILY FOR SALE. SALE AS-IS. SELLER NEVER LIVED IN THE HOUSE
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.
Opportunity to restore one of the last large elevator multifamily buildings in Detroit. Historic 33 unit with built out storefronts in the rapidly developing Dexter Corridor. Recently awarded over 30 million in grants this area surrounds Historic Russell Woods and is currently undergoing a massive street scape and infrastructure revitalization. The 27.5 mile Joe Louis Greenway will run through the Dexter Linwood corridor spurring additional retail and mixed use development for years to come. EV Charging stations, new water lines, extensive landscaping and areas for pedestrian walkways and retail currently in progress. Minutes away from New Center, The Fisher, Henry Ford Hospital and Police Headquarters, fifteen minutes from the Downtown Riverfront and Ferndale and Royal Oak to the north. 26 one bedroom apartments, six two bedrooms and a Super's unit on the garden level. This building was built for luxury and elegance with detailed marble and tile work that can be saved. This building is a FULL Rehab but even with moderate finishes and upgrades this building will be highly rentable at market rates, especially recent grads and relocations moving to Detroit for work and priced out of downtown and the suburbs. Here is a chance to make your mark on the city everyone is watching and get established before the area is priced out. BATVAI
Welcome to the vibrant Bagley District of Detroit, where history meets opportunity. Here's an exceptional investment opportunity featuring a multi-unit property situated in one of Detroit's most sought-after neighborhoods. Both units are currently tenant occupied. Will show after an accepted offer. This property features a new roof, new carpet upstairs, restored hardwood floors downstairs and a 2 car detached garage.
Welcome to the latest offering from the Detroit Land Bank Authority. Brick Income bungalow located in the Mary grove subdivision. 2 bedrooms down and 1 bedroom up. The highlight of this property is that it comes with 4 vacant lots for you to develop. Sale includes 16005, 16011, 15945 and 15953 San Juan. Bring your design ideas and your creativity and lets see what we can accomplish. 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.
FULLY REMODELED TWO FAMILY IN BAGLEY - Looking for a freshly remodeled 2 unit home in Detroit's hottest neighborhood? Truly move-in ready with updated mechanical systems and premium finishes. Quartz countertops, recessed lighting, new cabinets and updated bathrooms. This would make a great home to live in one unit and lease the other. Located walking distance from two major colleges: University of Detroit and Marygrove College. New vinyl windows, gutters, newer roof. Would make an ideal rental property with good cashflow and skyrocketing appreciation. Each unit can be rented in the 1200 range. The lower unit has a 3rd room which could be converted into a bedroom. So this could be a 5 bedroom home total. Call and schedule a showing today!
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.