Tenant occupied duplex on Detroit's East Side. Lower unit occupied by long term tenant at $500 month. Upper unit vacant. Property needs some rehab. No showings without accepted offer. Do not disturb tenant.
Calling all Investors! This duplex, located on Detroit's vibrant East Side, is ready for a full rehab. Each unit features 2 bedrooms and 1 bath, offering the potential for attractive rental income. With some TLC and creativity, this property can be transformed into a lucrative investment. Don't miss out on the chance to revitalize this property. Contact us today for more details and to schedule a viewing!BATVAI
If you're searching for an investment property with a value-add opportunity, look no further! This 9-unit apartment building located in the heart of North End, offers lucrative investment opportunities to enhance the value and increase its income potential. The property features 8- 2 BR units & a large studio basement apartment. There are hardwood floors throughout, updated electrical, which is separate for each unit, and updated hot water tank. Annual income is projected. Measurements are approximate. Contact us today to schedule a viewing and explore this incredible investment opportunity.
This listing includes the sale of four townhouses that sit in the historic West Village of Detroit. Approximately 2.5 miles from downtown Detroit and a few minutes from Belle Isle. Walking distance to many restaurants, bars, and coffee shops. We are pleased to offer these townhomes as a package deal. Each townhouse is around 3000 sf, each with updates. The townhomes must be bought as a package but can be sold separately by the new owner. All utilities are separated (water, gas, electricity). Three of the units are rented and one is owner occupied. Possible conversion to condominiums. Addresses are 1006 Parker, 8109 E. Lafayette, 8123 E. Lafayette, and 8129 E. Lafayette St.
Wonderful opportunity to own this Brick two-unit property. Both units are basically the same living room, dining room, kitchen, two bedrooms, and one full bath. Hardwood floors throughout. OVERSIZED FENCED-IN YARD!! Both units are occupied with tenants on a MTM. Add this to your investment portfolio. Located in the up-and-coming SouthWest Detroit. Near great restaurants, local stores, and entertainment, and just a few minutes from the highway! You will not want to miss out on this one, book your showing today!
The lower unit has 3 good sized bedrooms and the upper unit has 2 bedrooms. This spectacular investment property is located very close to downtown Detroit. It's a perect location for live/work space. It would be a great place to rent or Airbnb. It has endless potential with a full basement accessible from both units; and open attic space that is accessible from the upper unit. There is a driveway where at least 3 cars can park and there is plenty of off street parking. Bring your paint brush, dumpster and decorating skills and have immediate sweat equity!
Great opportunity for experienced investors. A buyer must submit a proposal to purchase, including construction plans or precedent architectural images of proposed development & financing plan with Proof of Funds, Pre-App letter, or new construction loan of the property. Projects will require approval of the Design Review from the city of Detroit. 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 & may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development financing. BATVAI Please see attached documents for DLBA requirements. Proposal should be submitted through google doc application. Use the link in the attachments.
This 2 unit multifamily home is ready for. new buyers finishing touches. Updates include New electrical, new plumbing throughout the house, New floors. New paint, HVAC units and new appliances refrigerator/stove in each unit. New washer and dryer in basement for the apartments. New cabinets and new tile in each kitchen. New tile in the bathroom and new toilet and sink. New front doors and new fence. Projected rent section 8. $3500.00 a month Can be sold as a package with 4204 Clements or sold separately!
Investment opportunity near the Detroit / Grosse Pointe border. Upper / lower with original hardwood floors. Fireplace. Lots of original tile intact. Huge kitchen in lower unit. Spacious corner lot. Good candidate for a flip or long term rental. Rehab required. Cash buyers only. d
Fantastic Investment Opportunity in North Corktown! This newly constructed 6-unit apartment complex is ideally situated just minutes from Ford Central Station, top-notch dining, shopping, and the vibrant heart of downtown Detroit. These two separate 3-unit buildings are perfectly suited for lucrative short-term rental opportunities. Each unit is thoughtfully designed with contemporary finishes, ensuring tenant satisfaction and maximizing rental income. The proximity to Ford Central Station and downtown Detroit ensures a constant stream of potential tenants, whether they be business travelers, tourists, or city dwellers looking for convenience and style.North Corktown is a burgeoning neighborhood with a unique blend of historic charm and revitalization. This presents a remarkable opportunity for long-term appreciation in property value, making it a smart addition to any investment portfolio.
Investment opportunity in this multi-family located near Detroit's Poletown East neighborhood, near Warren Meldrum Park, Callahan Playground, and Faygo Beverages! Estimated rehab 223K$. 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
Courtesy: BellaBay Realty Tri-Counties
248-274-6614
Great development opportunity and includes 6164 16th St. W10I006211S. All offers must be supported by proof of funds for both the purchase price and construction cost. Site includes adj. vacant lot with fence. Inspectors estimate of minimum cost of repairs at $180,000. 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 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.
Investment opportunity in this multi-family located near Detroit's Poletown East neighborhood, near Warren Meldrum Park, Callahan Playground, and Faygo Beverages! Sale includes 5 adjacent lots 5543, 5551, 5561, 5571, 5537 Moran. 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
Here's your opportunity to own this great 2 family unit located close to the Boston/Edison District, Downtown and Universities. Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. 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
Calling all investors! Don't miss this opportunity to invest in this 4-unit multifamily located only a few blocks away from Detroit's 4th largest park & golf course, Chandler Park! Can be sold individually or in a package sale with 5056 Coplin (4 unit multi-family, MLS #20230103119). Each unit contains 1 bed, 1 bath, private kitchen, dining room, and living room. Needs rehab. Conveniently located near I-94, retail shops, and Grosse Pointe. BATVAI
INVESTORS: MULTI FAMILY FOR SALE. SALE AS-IS. SELLER NEVER LIVED IN THE HOUSE
Don�t miss this rare opportunity to own a West Village mixed-use property. This two-unit B4-zoned (General Business District) building offers a variety of potential uses. Historically a two-family property, the first floor has been opened up to convert to first floor commercial, and the second floor retains its apartment floor plan with the possibility of finishing the third floor/attic for additional space. Situated on the main thoroughfare of West Village, 8022 Kercheval is located on the same vibrant business stretch as Marrow, Sister Pie, Frenchies, Two Bird & Mumma Maria�s, and across the street the Parker Durand a new 92-unit apartment building.
Great opportunity for investment, house it has basement and kitchen with 2 units. It has tenants with good rental Income of $1,424 . It also has 2 driveway parking spaces. Please do not disturb tenants
**** This property has been tagged for a DLBA Rehab contract/agreement - all buyers will work directly with Landbank for agreement.... DLBA will provide plenty of time for repairs and provide many extensions to finish projects**** PROPERTY BEING SOLD "AS-IS". PROPERTY NEEDS TOTAL REHAB. SELLER DOING NO REPAIRS. INSPECTIONS TO BE DONE BY BUYER. PROPERTY IS BRICK AND HAS 3-BEDROOMS PER UNIT. IT HAS ALMOST 3,000SQ FT. ITS ACROSS FROM A SCHOOL AND BEHIND NEWER APARTMENT BUILDINGS. PRETTY GOOD LOCATION FOR RENTAL PROPERTY AND DOWN THE STREET FROM GRAND RIVER AND NOT FAR FROM GRAND BLVD, WHICH IS CONSISTENLY GROWING AND BRINGING BUSINESSES. SELLER MOTIVATED. BATVIA
AGENT OWNED INVESTORS SPECIAL, MULTIFAMILY, NEEDS TLC!!! BUYERS AGENT TO VERIFY ALL DATA.
The Definitive Corktown Collection: a group of properties of various architectural styles exemplary of Corktown, in the heart of the neighborhood, and adjacent to the central business district and Riverfront. A developerââ?¬â?¢s opportunity for immediate cashflow, reactivation of the vacant structures, and vacant land for redevelopment. This site is in an Opportunity Zone and Neighborhood Enterprise Zone (New/Rehab). The package is made of four separate pieces: 1) Triangle-shaped vacant land to the north + vacated Labrosse St from 6th to Lodge; 2) 1450 Sixth, a brick 4-unit, occupied, newer roof and boiler, additional space in basement for one or two additional units; 3) the ââ?¬Å?House Next Door,ââ?¬Â? at 1440 Sixth, a rare example of Greek Revival architecture, needing complete renovation and stabilization; 4) the Workerââ?¬â?¢s Row House at 1430 Sixth, originally a 3-unit tenement house, with roof, structure and exterior fully stabilized; There is additional land behind this structure that could be a great location for additional residential or carriage house. This location is walkable to the restaurants lining Michigan Avenue and one mile to Fordââ?¬â?¢s Michigan Central Innovation District. Most of the offering is combined under tax ID 06004564-743, except 1430 6th the Workerââ?¬â?¢s Rowhouse, which is tax ID 06004563. The properties are part of the Corktown historic district. The zoning is B6, General Services District, which allows residential, commercial and mixed use purposes. The parcels are also part of a Neighborhood Enterprise Zone (NEZ) "New-Rehab" district, which offers frozen taxable value for end users.
Great Investment Opportunity!!! Well Maintained, Stabilized and Producing 7 unit Apartment Building. Offered at 8.5% CAP rate. 2023 Net income is $29,890. Projected gross income once fully leased $70,980. Landlord pays water, electric. Needs advance notice to show. Do not disturb tenants.
MF in the up and coming Dexter/Linwood area. Right across the street from the Detroit Job Corps Center. Some renovation were done. New hot water and furnace in each unit. Updated kitchen. Rent for each unit can be $1000-$1200. New wheelchair ramp. Schedule a showing today.
Newly renovated duplex located in the Dexter-Linwood neighborhood of Detroit. Each unit includes two bedrooms and one bathroom. This two-unit investment property was fully renovated in 2023. Updates include a new roof, flooring, windows, hvac, electrical, and plumbing. Both units are tenant occupied through August, 2024. Monthly rental income is $2,250.
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.
