Step into a world of possibilities with this charming duplex, where potential meets promise! Spanning an impressive 2174 square feet, this property offers a unique opportunity to create your own oasis while accommodating both cozy and spacious living arrangements. With two units, each featuring two bedrooms and one bathroom, the layout is perfect for generating rental income or accommodating extended family. Yes, it needs some TLCââ?¬â??but imagine the transformation you could create! This property is a blank canvas, awaiting your vision to breathe new life into it. Don't miss your chance to invest in a property with such immense potential! Transform it into your dream home or capitalize on the rental market. The opportunity is nowââ?¬â??will you take it?
Oakman Neighborhood two family flat partially rehabbed available for new investor to add finishing touches. Each floor has two bedrooms and one bathroom. All plumbing, electric and hvac has been updated throughout. New drywall and flooring in all rooms. Small fire from trespassing cause damage to drywall in unit. Seller ready to move onto other projects. Projected monthly rental income 1350/mo per unit.
Instant equity opportunity! Live in one and rent the other, share expenses with family or friends, or use both units as income properties. All brick, great square footage on this two unit duplex with private entrances. Both units feature two bedrooms, a full bath, kitchen, dining, and family room. Some cosmetic updates have been completed including, bathrooms, kitchens, and some fresh paint. Both units feature new LVT and refinished natural hard wood flooring. Outdoor space is great with a spacious elevated front porch, and rear covered patio/deck for each unit. Convenient rear entry doors for each unit also. This one has the hard to find basement access from each unit with space for separate private laundry and a dedicated space w/new utility tub and water supply for each unit. The upper unit features access to the third level which serves well as storage or could be extra living space. The units are prepped with gas lines and duct work for separate furnaces and hot water tanks, although all mechanicals are missing and will need to be replaced. Brand new PEX plumbing throughout. Each unit is designed to have its own electrical service, one panel is brand new, it just needs all the breakers, and the other panel just needs to be installed. Separate gas and electric meters for each unit, allowing for per unit billing for those utilities. Water is combined for the two units. A little investment from the new buyer will make this one amazing investment! Home is sold as/is, buyer to assume responsibility for obtaining the Certificate of Occupancy. Ownership transfer will be conveyed via a Quit Claim Deed, or a Warranty Deed with Exceptions based on FOIA report results. Check it out today!
Come check out your newest investment 5731 Somerset! This 2-unit property with 2 Beds and 1 bath each unit is ready to make you monthly income. This property is already rehab and occupied helping you fast-forward your investment into profit. The property is located near a freeway making a daily commute easier. With a cap rate of fourteen percent this property will make the new buyer a great return.
Welcome to 625 Horton Street! With its comprehensive top-to-bottom renovation boasting newly upgraded soffits, windows, electrical, plumbing, and paint this property ensures a modern and worry-free living experience. The 2 units, each approx 1073 sqft, feature identical layouts with well-designed kitchens equipped with stainless steel appls, ample cabinet storage, generous counter space, stylish tile backsplash, and luxurious marble-tiled floors. The spacious living rms are illuminated w/recessed lighting, creating a welcoming atmosphere. Add'l storage space in both the bsmt & attic. Whether you're an investor seeking a turnkey property or a buyer looking to reside in one unit while renting out the other, this move-in-ready multi family home offers both comfort & financial potential.
Rosedale Park is a historic district. It was listed on the National Register of Historic Places in 2006. This stunning all-brick duplex offers modern living with timeless appeal, featuring six bedrooms and two full bathrooms across two fully renovated units. Each unit boasts its own separate entrance, providing privacy convenience for both occupants. The property also includes direct access to the basement, further enhancing its functionality. Step inside to discover spacious living rooms adorned with stylish wall paneling, adding character and warmth to the space. The renovations have introduced sleek new flooring throughout, while the addition of unique light fixtures and recessed lighting adds a touch of sophistication. Both units have been completely transformed with modern finishes throughout. With brand new stainless steel appliances elevating the kitchens, the high-end hardware adds a contemporary atmosphere. Designed for comfort and efficiency, the property is equipped with two new water heaters and two new furnaces, insuring each unit operates independently. New plumbing, electrical systems and windows provide peace of mind and long-term reliability. The roof is in great condition, ensuring durability and minimal maintenance for years to come. Step outside to enjoy the fresh air from the charming balcony, offering a serene space to relax and unwind. Conveniently located just minutes away from Southfield Freeway and I-96 express, this property offers easy access to nearby amenities such as, shopping, dining, and entertainment, making it ideal for city convenience without sacrificing comfort. This home is ideal for multi-generational living or as an investment property. Meticulously upgraded duplex is a rare find, ready for its next chapter. Don't miss your chance to own this exceptional property!
Multi Family on Detroit's Westside. All this property needs is your vison to bring it back to life. Brick two family flat with tons of potential. ****** Highest and best due by 10/16 at 2pm Eastern Time *****
This charming duplex offers a fantastic investment opportunity to add to your portfolio and generate rental income. The property features two units: the upstairs unit boasts 3 spacious bedrooms and 1 full bath, while the first-floor unit includes 2 comfortable bedrooms and 1 full bath. Both units showcase wood floors, adding warmth and character throughout. Additionally, the property includes a basement, providing ample storage or potential for additional use. With its versatile layout and income-generating potential, this duplex is a perfect choice for savvy investors or those looking to expand their rental property holdings.
Great Investment opportunity as a blank slate property, 4 units, 2 bed one bath with in unit laundry Significant structural and framing work done to property in recent years, new roof, newer windows and doors. Property is secure. In need of all systems and finishes. Quotes in hand for plumbing and electrical with licensed contractors. Plumbing and Electrical in building currently needs to be redone Call listing agent for more information. Very similar property two doors down recently sold for $380,000
2 family multifamily residence. Upstairs has separate entrance 1 bedroom, full bath, kitchen. Main level has 2 bedrooms, full bath, kitchen and basement. This has 2 long term tenants that would like to stay in both units. Both tenants would sign a new lease. Newer furnace and hot water heater. Great Income property for Investor.
Calling all Investors Come add this Multi Family Unit to your Portfolio . Located close to the Russell Woods Community , close to major freeways and minutes from downtown Detroit. Lower unit currently occupied, Units are 3bed 1 bath with no lease in place tenants can remain or move out .
Investment opportunity on Detroit's East Side. Brick duplex near City airport. Upper / Lower with 2 br units. Cleaned out and ready for new owner's finishing touches. Kitchens and baths updated. Full basement and 2 car garage. Light rehab needed. Cash or DSCR buyers only.
6-unit apartment building w/lots of potential. 4 units have 2 bedrooms, 2 units have 1 bedroom. 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.
***Property is distressed! Please enter at your own risk!***Great investment opportunity waiting for you! 2 beds up/2 down. **No Access to Basement**Sale contingent on buyer/seller executed development agreement. 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 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.
Welcome to this charming brick duplex located at 3625 Bedford St, Detroit, MI 48224-3616! This well-maintained property features two spacious units, each with 2 bedrooms and 1 bathroom, offering a total of 2,200 sq. ft. of living space. The upstairs unit is vacant and rent-ready, perfect for immediate leasing or owner occupancy. Situated in a convenient area of Detroit, this duplex provides easy access to local amenities, including grocery stores, restaurants, and public transportation. The strong rental market in this neighborhood makes it an excellent investment opportunity for both seasoned investors and first-time buyers. Don't miss your chance to own this fantastic duplex that combines comfort, convenience, and profitability!
Discover this charming two-family flat located in the vibrant Morningside neighborhood on Detroit's east side. Each unit features 2 spacious bedrooms providing comfortable living spaces for families or tenants. The open floor-plans create a bright and inviting atmosphere, perfect for entertaining or relaxing.Both units boast updated kitchens equipped with appliances, making them move-in ready and appealing to prospective renters. This property is situated in an up-and-coming area, offering a fantastic investment opportunity for those looking to capitalize on the growth potential of the neighborhood.Don't miss out on this dual income property in a location that's ripe for development and revitalization!**AS IS**
Updated 14 unit apartment building near bus routes and walking distance to neighborhood services. Financial data and rent roll available. Lender financing is available for this property. Contact Floyd Black for details.
*Opportunity** 1 unit is vacant and could use some TLC. While the other is occupied at $800 per month and turn-key. Each unit features Living room, dinning room kitchen, 2 spacious bedrooms, a full bath and partial basement. Rooms/room sizes are estimated and should be verified by the buyer/buyer's agent. Check out our other properties 9151-9153 Mansfield as well as 8880-8882 Rutherford.
****Opportunity** This duplex property is turn key, not to mention each unit is occupied and producing rent. Tenants pay $700 and $750 per month and are currently month to month along with all utilities (except water). Each unit features Living room, dinning room kitchen, 2 spacious bedrooms, a full bath and partial basement. Rooms/room sizes are estimated and should be verified by the buyer/buyer's agent. Check out our other investment properties located at 8873 Rutherford/16000 Kramer and 8880-8882 Rutherford.
This updated multi-family property offers excellent potential for steady returns. Featuring two spacious 1-bedroom, 1-bath units, both have been well-maintained and are ready for new ownership. Each unit is equipped with brand-new carpet, updated cabinetry, and a newer roof, making it a turnkey investment. The upper unit includes a private balcony, providing outdoor space for relaxation, while the shared basement offers additional storage or laundry space. With each unit renting for $950/month, this property delivers solid rental income and has the potential for future appreciation. Located in Southwest Detroit, this property is just 15 minutes from downtown and offers easy access to I-75, making it a convenient location for tenants. Whether you're an experienced investor or looking for your next project, this property is a great opportunity to add to your portfolio. Don't miss outââ?¬â??schedule your viewing today! The highest and best offer deadline is 10/14/24 at 6 PM
Open House:
Sunday, 1/12 2:00-4:00PM
Welcome to 16912 Fairfield this charming 2-story multifamily home in the University District. of Detroit. This home features an upper and a lower unit, each with a spacious layout, kitchen, and living room. The first-level unit has a beautiful brick fireplace, three bedrooms, and one full bathroom. The second level unit has 2 bedrooms and 1 full bathroom, this unit has a laundry room Each unit has its separate basement with an entryway to the basement. This property will be open on Sunday from 2 to 4 until an offer is accepted.
Great investment opportunity! Newly updated 6 unit occupied apartment building with leases in place in Southwest Detroit. Your tenants will enjoy all that Mexican Town has to offer! The entire building has been rental certified and has passed lead inspection by the city of Detroit. There are a total of 6 two bedroom units. All units are currently occupied. The building is separated into two entrances. The first entrance includes the front two units and the side entrance leads to the remaining 4 units. Each unit is separately metered. All furnaces for the building have been updated in 2020. The seller is opening to seller financing.
**Opportunity** This duplex property is turn key, not to mention each unit is occupied and producing rent. Tenants pay $800 per month and are currently month to month along with all utilities (except water). Each unit features Living room, dinning room kitchen, 2 spacious bedrooms, a full bath and partial basement. Rooms/room sizes are estimated and should be verified by the buyer/buyer's agent. Check out our other investment properties located at 8873 Rutherford/16000 Kramer and 9151-9153 Mansfield.
INVESTOR OR HOMEOWNER; 3 BEDROOMS UP & DOWN, LIVE IN ONE UNIT OR RENT BOTH UNITS TO GENERATE A GOOD CASH FLOW, VACANT LOT INCLUDED, WELL MAINTAIN MUST SEE TO APPRECIATED, SCHEDULE AN APPT TODAY, BUY & BUYER'S AGENT TO VERIFY ALL MEASUREMENT AND SPECTS TO PROPERTY. SALE SUBJECT PROBATE APPROVAL... PLEASE DO NOT DISTURB THE OCCUPANTS , 24 HOUR NOTICE FOR SHOWING APPT. A MUST
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.