Newly renovated 2nd floor unit. Turn-key rental opportunity. Investors or first time home buyers this is your opportunity to own in the Bagley community. Walking distance to the University of Detroit. New kitchen in the downstairs unit. Collect cash-flow immediately with an option to rent the 2nd unit or live in the 2nd unit while enjoying the benefits of a long term tenant in the 1st unit. Don't let high interest rates get you down! Make your appointment today this won't last.
Investor special! both units are rented for a total of 1500$. Tenants are m2m. Property sold 100% AS-IS.
UP and coming Neighborhood, Beautiful brick 2 family flat
This 2 family flat offers a unique opportunity with a fully renovated downstairs and a versatile upstairs flex room that can serve as an extra bedroom or additional storage. It's an ideal setup for someone looking to live in one unit while renting out the other, providing a steady income stream. With kitchens in both units, it's also perfect for investors who want to lease both spaces to tenants. First-time homebuyers will appreciate the potential to offset their mortgage by renting the upstairs unit, making this an attractive and flexible investment.
Occupied Multi family!! Do Not Disturb the tenants!!! 3 bedroom, 1 bathroom in each unit. Walking distance to historic Boston Edison area. Solid home. Property is being sold "as is" Buyer's agent to verify all information.
Occupied Multi family!! Do Not Disturb the tenants!!! 2 bedroom, 1 bathroom in each unit. Very Nice block!! Solid home. Property is being sold "as is" Buyer's agent to verify all information.
Occupied Multi family!! Do Not Disturb the tenants!!! 3 bedroom, 1 bathroom in each unit. Solid home. Property is being sold "as is" Buyer's agent to verify all information.
Occupied Multi family!! Do Not Disturb the tenants!!! 3 bedroom, 1 bathroom in each unit. Solid home. Property is being sold "as is" Buyer's agent to verify all information.
2 SHORT-TERM RENTAL UNITS, 1 COMMERCIAL RETAIL, 1 OFFICE LOFT Opportunity knocks: 3-unit turnkey investment property. Detroit Superhost Management Two, 4 Bed 1.5 Bath STR units One Retail unit One Office Loft Alley access to fenced-in yard. Located on the edge of Eastern Markets expansion zone. Ask for complete details: 2022-24 Operating Expenses and NOI
Lucrative investment opportunity in the North End on Horton Street with a side lot. Former single family home converted to three apartment units. Each unit has rough plumbing, rough electrical, and HVAC completed, along with newer roof and windows. Each unit has two entrances, individual rear decks, and space for mechanicals. Common basement envisioned as shared space for laundry and storage. First floor is a large one bedroom with original brick fireplace in the living room. Second floor is a 2 bedroom apartment. Third floor can be used as one bedroom or studio. Architectural drawings for the project included with the sale and drawings have been approved by city of Detroit. Current market rents have a projected gross monthly income of $5k. Several new construction multifamily and single family buildings on the same street and block. 3 unit multifamily buildings have been built in the neighborhood on the same lot size as the side lot included in the sale. Side lot address is 420 Horton. Truly a premier investment opportunity - location, location, location!
**INVESTORS** Here is your opportunity to add this 2-family property to your rental portfolio! The property features a 2-bedroom unit on the 1st floor, and a 1 bedroom unit on the second floor. Would be a perfect Section 8 property and could generate monthly rents as high as 2,100/month. Gas and electric is metered separately in each unit, which also feature forced air heating, updated 100 amp electrical panels, vinyl windows, and 2 entrances for each unit. The bathrooms and kitchens are a mixture of updated and original, and could use additional updating. Garage likely needs to be torn down, Seller will not do it. CASH OR HARD MONEY ONLY. Furnaces & HWTs are in storage and will be delivered to the property after closing.
Rare opportunity to own this well maintained multifamily in the Woodbridge Historic District, near Wayne State University and midtown! This charming multi-dwelling features a 3 bed/2 bath unit, a 2 bed/1 bath unit, & a 1 bed/1 bath unit. The basement has been finished and is being rented as a studio unit. Also, there is an attic that could be finished to add an additional loft unit! The property is nicely landscaped w/ a large front porch, fenced in yard, back deck, and a 2-car garage with copper plumbing throughout. Roof, windows, and central air are approximately 13 years old. Properties like this do not go on the market often! Don't miss the chance to own this money maker!
EAST VILLAGE Investment Duplex. Great bones. It needs work to reach its full potential. The seller is motivated!
Incredible Detroit investment opportunity! Need rehab.This multi-family 2-unit property is a dream for owner occupants seeking rental income or investors aiming to generate substantial cash flow. Live comfortably in one unit while collecting rent from the other. Ideal location with access to amenities, schools, and transportation. Don't miss this chance to enhance your real estate portfolio! Schedule a showing now and unlock the potential of this versatile property. The vacant lot is included in the sale. BOTH UNITS need a COMPLETE rehab. 11308 Cascade a vacant lot included in the sale.
WOW! Amazing opportunity on this 2 unit Detroit home. Each unit features THREE bedrooms. Endless possibilities in this one. Could be a potential section 8 cash cow, airBNB or whatever you desire!! Close to Jefferson, Grosse Pointe, and the Detroit river. Sold as is. Buyer and agent to verify all information. To help visualize this home�s floorplan and to highlight its potential, virtual furnishings may have been added to photos found in this listing.
This fantastic property features two separate units, each with 1 bathroom and 2 bedrooms, making it an ideal choice for investors seeking immediate returns and future potential. Situated in a prime location, this property benefits from proximity to major roads, providing easy access to a variety of nearby amenities. Whether it's shopping, dining, or entertainment, everything you need is just a short drive away. With its strong rental potential and strategic location, this property is a must-see for savvy investors looking to expand their portfolio. Donââ?¬â?¢t miss your chance to capitalize on this opportunityââ?¬â??contact us today to learn more and schedule a viewing!
This is a nice investment property. Brand new heating system on both sides , updated kitchens and ton of potential. The units come with stove, refrigerator, and washer /dryer. Cash or Land Contract is available.Contact Veranique Stevens at Great Lakes RE
This superb duplex is situated near the Pingree Park Neighborhood. Both units have undergone enhancements, with the lower unit showcasing original hardwood floors, an updated kitchen, and various other upgrades. Notably, the property includes a rare three-car garage, making it an excellent investment opportunity or ideal for house hacking.
Discover this beautifully updated 4-family flat that seamlessly combines classic charm with modern comforts, offering both an excellent investment opportunity and a wonderful place to call home. Each unit has been thoughtfully renovated, featuring contemporary kitchens with sleek countertops and stainless steel appliances, as well as stylish bathrooms with modern fixtures. The spacious, light-filled layouts enhance the living experience, while the well-maintained exterior provide impressive curb appeal. With off-street parking, a shared backyard, and separate utilities for each unit, this property is designed for both comfort and practicality. Whether you're an investor seeking rental income or an owner-occupant looking for added revenue, this flat offers tremendous potential.
Check out this fantastic cash flowing investment property at 11238 Glenfield. A spacious side-by-side duplex offering 1,856 sq ft, with two units each featuring 2 bedrooms, 1 full bath, and separated basements and utilities. Both units are occupied with one long term section 8 tenant and one cash tenant. This provides a strong rent ratio right out the door but offers a value add opportunity with market rents at 900 to 1000 per unit. The property was recently certified with the city of Detroit so the CoC is good until 2027! Professionally managed and ready for a new investor to add to their portfolio. Located in the Gratiot-Findlay neighborhood north of Outer Drive and west of Gratiot and near the City Airport as well as 7 minutes to downtown.
Coming soon. Large bedroom duplex side by side. On basement Live in one side rent other or rent both
Fantastic opportunity for first-time homebuyers or savvy investors! This well-maintained two-family home offers spacious living, with each unit featuring 3 bedrooms, 1 bathroom, and updated kitchens. Live in one unit and rent the other to offset your mortgage, or add this gem to your investment portfolio. Conveniently located near schools, shopping, and public transportation, this property is a smart choice for anyone looking to build equity and secure a solid return on investment.
Fixer-Upper with great potential in Detroit! This 4-bedroom, 2-bathroom home with 1,698 sqft of living space is a diamond in the rough. It holds immense potential for the right buyer looking to invest in for their next project. With some TLC and a vision for renovation, this property could be transformed into a stunning home.
**Property Description:** This multi-family property, located in a promising neighborhood, offers a fantastic opportunity for investors or those looking to generate rental income. The building features multiple units that, with some TLC, can be transformed into a highly profitable investment. The property requires renovation, providing a blank canvas in the upper unit for you to tailor the space to your needs or the demands of the rental market. Once updated, this property has the potential to generate up to 2,200 per month in rental income, making it an excellent option for those looking to build wealth through real estate. With a solid structure and ample square footage, this property is poised to become a high-yield investment. Don't miss this chance to turn a fixer-upper into a valuable income-generating asset!
Investor special in the heart of the Boston Edison District! Tons of potential and eventual pizazz in this near 3,000 sq ft brick duplex. 3 beds/1 bath first floor and 2 beds/1 bath second floor. First floor natural fireplace. Both levels feature covered porches adding strength and curb appeal to "what can be." Conveniently located near freeways, restaurants & shopping. Be a part of this budding community today! All that is left is your showing today and vision tomorrow!!
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.