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$175,000
Est. payment /mo
2 Baths
3,484 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261051308
Year Built 1916
Annual Tax Amount $4,255
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 35X104
Source Realcomp
Property Description
Investment opportunity featuring a well-maintained duplex in a desirable neighborhood with immediate income potential. The upper unit is tenant occupied through April 2027, generating $1,300 per month, while the vacant lower unit offers immediate occupancy for an owner-occupant or the opportunity to lease and maximize cash flow. Both units are approved for Section 8, expanding rental flexibility.Each spacious 3-bedroom, 1-bath unit offers a functional layout with a living room, dining room, and full kitchen. The lower unit includes two refrigerators, and both units enjoy private entrances along with shared access to the basement and attic, providing valuable storage space.A newer gas forced-air furnace, installed approximately 2024, offers added peace of mind. The property is being sold as-is and presents an excellent opportunity for investors looking to expand their portfolio or buyers interested in offsetting their mortgage with rental income.Located in a neighborhood known for its friendly atmosphere and convenient access to local amenities, this duplex offers flexibility, steady income, and long-term investment potential. With one unit already producing rental income and the other ready for immediate use, this property is well-positioned for both seasoned investors and owner-occupants alike.
Location
State MI
County Wayne
Zoning Residential
Direction I-96 Exit 189 W.Grand Blvd-Right Ontow W.Gran-Left On Gd RV-Right
Interior
Heating Forced Air
Cooling Central Air
Exterior
View Y/N No
Building
Lot Description Sidewalk
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W14I002928S
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Virtual Tour https://www.zillow.com/view-imx/5d9689ec-6202-455e-b40c-0a9a2b1a96fa?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
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Listed by EXP Realty The Perna Team
Nearby Locations
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