Seize this incredible investment opportunity with a multifamily property located in a highly desirable suburb of Detroit. This great income-producing property is priced to sell and offers substantial returns on investment.Key Features:Location: Situated in a good suburb of Detroit, providing a prime location for tenants seeking suburban living with easy access to the city's amenities.Income-Producing: This multifamily property is designed to generate consistent rental income, making it an ideal addition to your investment portfolio.Affordable Pricing: Priced at a low cost, this property offers significant value and potential for appreciation.Land Bank Terms: Subject to land bank terms, providing a unique investment opportunity with potential incentives and benefits.
Seize this incredible investment opportunity with a multifamily property located in a highly desirable suburb of Detroit. This great income-producing property is priced to sell and offers substantial returns on investment.Key Features:Location: Situated in a good suburb of Detroit, providing a prime location for tenants seeking suburban living with easy access to the city's amenities.Income-Producing: This multifamily property is designed to generate consistent rental income, making it an ideal addition to your investment portfolio.Affordable Pricing: Priced at a low cost, this property offers significant value and potential for appreciation.Land Bank Terms: Subject to land bank terms, providing a unique investment opportunity with potential incentives and benefits.
Seize this incredible investment opportunity with a multifamily property located in a highly desirable suburb of Detroit. This great income-producing property is priced to sell and offers substantial returns on investment.Key Features:4 UNIT WITH 2 BDRMS EACHLocation: Situated in a good suburb of Detroit, providing a prime location for tenants seeking suburban living with easy access to the city's amenities.Income-Producing: This multifamily property is designed to generate consistent rental income, making it an ideal addition to your investment portfolio.Affordable Pricing: Priced at a low cost, this property offers significant value and potential for appreciation.Land Bank Terms: Subject to land bank terms, providing a unique investment opportunity with potential incentive
Seize this incredible investment opportunity with a multifamily property located in a highly desirable suburb of Detroit. This great income-producing property is priced to sell and offers substantial returns on investment.Key Features:Location: Situated in a good suburb of Detroit, providing a prime location for tenants seeking suburban living with easy access to the city's amenities.Income-Producing: This multifamily property is designed to generate consistent rental income, making it an ideal addition to your investment portfolio.Affordable Pricing: Priced at a low cost, this property offers significant value and potential for appreciation.Land Bank Terms: Subject to land bank terms, providing a unique investment opportunity with potential incentives and benefits.
Step into your freshly updated duplex in Russell Woods, radiating a bright and clean aesthetic. Each unit has an inviting space featuring a spacious living room, a dining area perfect for gatherings, and an outdoor terrace/ enclosed front porch for a breath of fresh air. The bedrooms boast new carpeting, while the kitchen comes complete with modern appliances. The basement features private section for each unit for storage and dedicated laundry units. Don't miss this great opportunity to house hack or add a cash flowing investment to your portfolio!
In the Woodbridge Farms community, an architectural gem in the Second Empire style, featuring modern amenities, and so much potential. Currently configured as a two-family home with the classic features from the turn-of-the-century; expansive windows in every room that flood the space with natural light, plaster details and warm wood accents, mansard slate roof and a brick fireplace. The first-floor unit is currently used as a workshop/maker space, but can easily be converted into the perfect living space with endless possibilities. The second-floor is currently being used as a short-term rental. This particular block is being transformed, with multiple structures undergoing renovation. Woodbridge Farms is in an historic district, and an NEZ-Rehab and NEZ-Homestead district. This home is one block from a gorgeous park, dog park and library, and a little further a neighborhood cafe, restaurants and bars. Woodbridge combines architectural and natural beauty and a close-knit community. **PLEASE NOTE, financing will likely require cash or a construction loan**
Welcome to a solid investment opportunity in Detroit, where practicality meets potential. This package sale offers a well-established bar with a -C- Liqueur license and a fully-equipped kitchen, providing a reliable source of income and a community gathering spot. Complementing the bar are two upstairs apartments, each featuring 2 bedrooms and one bath. While they require some renovation, they offer comfortable living spaces with separate access and utilities, ideal for tenants seeking convenience and privacy. Adjacent to the main bar are two detached buildings, offering space for potential expansion or alternative usage. Whether you choose to enhance the existing business or explore new ventures, the options are yours to consider. Conveniently located across the street, the parking lot comes included with this property sale, making it even more appealing. It's a great investment opportunityââ?¬â??a business that's ready to go and has plenty of potential for growth. With the potential for a gentleman's club or another venture, this property offers endless possibilities. Buyer's Agent to verify all information and details.
Great investment opportunity in the desirable Russell Woods neighborhood! This solid brick multifamily home features two units. Close to major roads. Don't miss this chance to own a multifamily home in a prime location. *This is a land bank property and purchaser to comply with land bank post closing.*
Well Maintained 2 Unit Multi-Family Brick Tudor, Upper/Lower Flats. Fully Tenanted, Income Producing Property. Separately metered, tenants pay for their own gas/electric utilities. Nestled in a quiet residential neighborhood. Close to Meijers, Retail Shopping, Restaurants, Public Transportation and Expressways. Sold "AS IS". PLEASE DO NOT DISTURB TENANTS. PRE-APPROVED BUYERS, BATVAI.
VERY NICE INVESTMENT PROPERTY.3 BEDROOMS UP AND DOWN NEW ELECTRICAL NEW FURNACE.TENANTS HAVE BEEN IN PLACE SINCE BEFORE COVID.
Here is your opportunity to own a great property in the red-hot Jefferson Chalmers neighborhood! Large two-bedroom units with updated kitchens, furnaces, hot water tanks, and windows. Rents in the area are $1200 and more for section 8. Just steps away from Grosse Pointe and 10 min to downtown. The buyer will receive a warranty deed, clear title, and title insurance. The buyer is to pay a $495 transaction fee to Downtown Realty. Can also be bought in a package deal with 830 Philip (not yet listed)
Courtesy: Century 21 Town & Country-Shelby
Laurie Davis
Nicely and newly renovated upper 2 bedroom, with possibly a 3rd bedroom (needs wardrobe or portable closet)or den, spacious apartment with front and back balcony access! Private entry, security system, appliances included! Approx. 500 square feet of the lower level laundry/storage area for your use. Two parking spaces for your convenience!
Attention Investors check out this latest offering from the Detroit Land Bank Authority! Welcome to an incredible investment opportunity in the Midwest neighborhood! This two-story full brick colonial property boasts over 3000 square feet of potential, offering versatile living spaces across four units. This property presents a unique opportunity for restoration and renovation, allowing you to unleash its full potential. Please note that the DLBA 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 abatement 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
Property Sold As-is. New windows & front porch have been installed This house is a 2 Flat (address 3021-23 Lothrop) Buyer needs sign rehab agreement with Land Bank.
Fantastic investment opportunity in Metro Detroit! This multi-family is a top and bottom unit that offers both immediate income and future potential. One unit is already generating cash flow, while the other eagerly awaits your personal touch to bring in even more returns. Located near the aviation subdivision and East Dearborn, this property boasts a prime location for both tenants and investors. With the current unit already cash flowing, you can start reaping the benefits right away. Plus, with the potential for future equity growth, this investment has even more to offer. Don't miss out on this incredible opportunity to enter the Metro Detroit real estate market. Act now and seize the chance to own a property with the potential for both immediate income and long-term equity growth. Contact us today to schedule a showing and secure your future in real estate investing! BATVAI !
Newly renovated duplex located in Jefferson Chalmers neighborhood located directly adjacent to the Detroit River. Upper unit is a 3 bedroom 2 full bath unit with a large terrace. The master bedroom has an en suite bathroom, and the kitchen is nice size and very large perfect for entertaining. The lower unit is also a nice size and fully updated as well. Both units have a large private outdoor space off the living room. Perfect opportunity or an investor looking for a turn key product or a home buyer looking to house hack.
Great Investor property. Home is close to several neighborhood parks and freeway. New roof, furnace and hot water tank.
Attention Investors! Here's your next lucrative opportunity: a multi-family home with immense potential. This property features multiple units, 2 bedrooms, 1 full bath, and 1 convenient half bath in upper unit, 2 bedroom and 1 full bath in lower unit, Newer roof! The best part? The heavy lifting has been done for you. The demolition is already complete! Now is your chance to customize and rehab this property to maximize rental income or resale value.
Presenting a remarkable investment opportunity in the heart of Detroitââ?¬â??a four-unit brick building that stands as a testament to quality and potential. Located in a neighborhood showing strong signs of revitalization, this property offers a blend of historic charm and modern updates, making it an attractive prospect for both seasoned investors and those new to the real estate market. Each unit has been updated, featuring upgraded bathrooms that combine contemporary design with functionality. These spaces ensure a comfortable living experience for tenants. The building has been fitted with all new windows, improving energy efficiency and contributing to lower utility costs while providing abundant natural light throughout each unit. Each unit comes with its own separate gas and electric meters, allowing for individual billing and making it easier for tenants to manage their utility usage. The property features one water meter, simplifying water service management. The building includes a full basement, providing storage space and housing a convenient laundry area. This communal laundry facility is a desirable amenity for tenants, adding value to the rental units. Situated on a corner lot, the building is enclosed by a secure fence, offering privacy and a sense of community. The property also features newer gutters, ensuring proper drainage and reducing maintenance concerns. With street parking available, tenants and their guests will have no trouble finding convenient parking spots. This added convenience enhances the property's appeal. The building is currently vacant, making it ready for immediate occupancy. Its well-kept condition ensures that new tenants can move in without delay, maximizing rental income potential. The surrounding area is experiencing a notable resurgence. This revitalization contributes to a growing demand for quality rental units, positioning this property as a prime investment. The location has easy access to public transportation, major highways, and downtown Detroit.
Fantastic Investment Opportunity! Priced to Sell Quickly! Welcome to 5003 Iroquois St, ideally located next to the vibrant Islandview area and just half a mile from the popular Pingree Park. This charming two-family brick flat boasts ample space and a solid structure, making it the perfect project for the right investor or homeowner ready for a rewarding rehab. Don't miss out on this gem! This won�t last long call today to schedule your showing!
This 2 family investment opportunity has 2 bedrooms on each side and is in need of extensive rehab due to fire damage on one side. The other side is not as damaged and down to the studs. Located within walking distance to 8 Mile, schools and parks. Check the comps and don't miss out! This site is in the Eight Mile-Evergreen NEZ Homestead boundaries. 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.
Beautiful duplex move in ready in the University District. House has been renovated with a brand new roof. Each unit features 2 Bedroom and 1 Bathroom. Priced to sell. hurry this wont last long.
Courtesy: Bellabay Realty Tri Counties
Natasha Richards
313-204-0310
This 2 family investment opportunity has 2 bedrooms on each side and is in need of extensive rehab due to fire damage on one side. The other side is not as damaged and down to the studs. Located within walking distance to 8 Mile, schools and parks. Check the comps and don't miss out! This site is in the Eight Mile-Evergreen NEZ Homestead boundaries. 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.
Lucrative Investment Opportunity: Well-Established 40-Unit Apartment Building! *Call for Offers for Monday July 1st at 3 pm.* Seeking a stable and profitable investment? Look no further than this exceptional 40-unit apartment complex located in Detroit. The property boasts a strong rental history and excellent income potential. Currently generating a gross annual income of approximately $324,000 with a projected Net Operating Income (NOI) of $227,000 for 2024, this investment offers proven performance. There's also significant value-add opportunity: reach full capacity and unlock even greater income. Projected gross income upon full occupancy is $432,000. The complex caters to a wide range of renters with a diverse unit mix of spacious 2-bedroom townhouses (8 units), regular 2-bedroom units (8 units), and efficient 1-bedroom units (24 units). Landlord currently covers water, gas, and electric. Don't miss out on this income-generating gem! Showings require advanced notice to respect current tenants. Contact us today to schedule a showing and learn more about this opportunity in a desirable location. Proof of funds and/or financing is required to schedule a showing.
Massive multifamily located in a hot spot in Detroit. Located just North of Michigan Ave in the Chadsey Condon neighborhood this property features 6 total bedrooms and 4 full bathrooms. Each unit is 3 bedrooms and 2 full bathrooms. Features tons of charm and character. Loaded with potential and upside, this property is truly unique. Might be able to add another unit of the third floor. sold as-is. BUYER TO PAY $495 PROCESSING FEE TO LISTING BROKER.
Detroit is located in Michigan. Detroit, Michigan has a population of 679,865. Detroit is less family-centric than the surrounding county with 15.03% of the households containing married families with children. The county average for households married with children is 25.33%.
The median household income in Detroit, Michigan is $27,838. The median household income for the surrounding county is $43,702 compared to the national median of $57,652. The median age of people living in Detroit is 34.7 years.
The average high temperature in July is 83.4 degrees, with an average low temperature in January of 19 degrees. The average rainfall is approximately 33.3 inches per year, with 30.4 inches of snow per year.
