Courtesy: HJS Realty
Jenise Pewitt
Investment Opportunity! Fully Rented 2 Family Flat. Turn Key Investment. Side lot included rear of house.
Welcome to 532-534 Alter Rd. A meticulously maintained and updated duplex on a highly sought after street with very few properties coming to market. Lower unit is 2 beds and 1 bath and upper unit is 1 bed and 1 bath. Units boast refinished hardwood floors, updated kitchens, and clean and well maintained bathrooms. Other upgrades include vinyl windows, newer furnace and hot water heater, central air, updated electrical, keypad access to property and units, 2 car garage with power, and french drainage system in basement. Both units are rented to short term tenants - lower through 12/31 and upper through 11/5. Schedule showing today, this one will not last long.
Well maintained, turnkey duplex, offering strong cap rate at existing asking price. Sale includes adjoining 9020 Ohio St. One unit is rented, and one vacant. Mirrored floorplan. Finished loft can act as third bedrooms in both units. BATVAI. Sold as-is.
Investor Special!!! Welcome to the land of opportunity in this Vintage Property. Currently set as two units with the possibility of a third, this property boasts plenty of opportunity for a tremendous return. With private entry into each unit, the main floor hosts 3beds/1bath while the second floor is 2beds/1bath. Third floor may be transformed into a Studio/1Bed unit. Newer Boiler system, newer Roof and original hardwood floors throughout. Don't miss this chance on a great investment.
LOCATED 3 MINUTES FROM HISTORIC JEFFERSON CHALMERS AND 6 MINUTES FROM GROSSE POINTE, YOU WILL FIND 1200 LENOX NESTLED ON A 3,789 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST TWO 3 BEDROOM UNITS. SHE HAS BEEN CAREFULLY UPGRADED WITH 2 NEWLY INSTALLED FURNACES AND HOT WATER TANKS. IN ADDITION, THIS HOME DISPLAYS BRAND NEW WINDOWS AND HAS NEW ELECTRICAL + PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF 3250. THESE TENANTS COVERS ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20 PER. THE TAXES HAVE BEEN REDUCED TO ROUGHLY 196 PER MONTH. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
24 HOUR NOTICE FOR SHOWINGS> NO EXCEPTIONS>Long term tenants who would like to stay. Lower level at 1200. Upper level currently 900.00.All month to month. Tenants would like to stay Appliances belong to the tenants.Solid Duplex in the highly desirable Islandview district!!Close to Belle Isle,West Village, Indian Village Detroit River activities and downtown is just minutes away!!Income producer with much of the original hardwood throughout.Hardwood floors throughout!! The hiome needs some maintenance and updating but is in solid shape!!Many new projects on this street and the surrounding streets. Part of the area where Dan Gilbert has given millions in funds to increase the upgrade of the neighborhoods. Great investment opportunity!!
Calling all Investors!! This is your chance to capitalize on the booming Detroit real estate market. This 2-family property offers exceptional investment potential. Property is in great shape making for strong cash flow day one with potential for increased returns. Don't miss out on this incredible opportunity to build wealth through real estate. Contact us today to schedule a viewing!
Upper/Lower Flat could be a great Airbnb, rental, or live in one and rent the other. Bring your paint brush and build sweat equity. Area rents are around $1,000 so live in one unit and let your tenant pay! The house needs work. New flooring, paint, kitchen remodel and bath updates. The price is right for someone handy or an investor who wants to live close to downtown! The neighborhood is transitioning and this is the right time and the right price to buy. BOTH units are included for only $64,000.
INVESTORS: MULTI FAMILY FOR SALE. SALE AS-IS. SELLER NEVER LIVED IN THE HOUSE
CALLING ALL INVESTORS OR FIRST TIME HOMEOWNERS....STOP AND LOOK!!! THIS IS A 2 FAMILY UNIT WITH 2 BEDS, A BATH WITH SEPARATE FURNACES. UPDATES INCLUDES A NEWER ROOF, A NEWER FURNACE, NEWER PLUMBING AND ELECTRICAL. THIS INCOME PRODUCING UNITS ARE CLEAN AND MOVE IN READY! SHOWINGS BY APPOINTMENT ONLY.... PLEASE DO NOT DISTURB TENANTS!
PRIME LOCATION NEAR DOWNTOWN CENTRAL BUSINESS DISTRICT AND EASTERN MARKET. LARGE DUPLEX WITH 4 BEDROOMS AND A LOFT IN EACH UNIT. 1.5 BATHROOM IN EACH UNIT. SEPARATE UTILITIES. NEEDS RENOVATIONS AND REHAB. EXCELLENT INCOME PRODUCER OR LIVE IN ONE UNIT AND RENT OUT THE OTHER UNIT. VERY SPACIOUS THROUGHOUT.
INVESTMENT OPPORTUNITY: Siding home in attractive neighborhood with basement and garage. Home requires complete rehab
Opportunity to restore one of the last large elevator multifamily buildings in Detroit. Historic 33 unit with built out storefronts in the rapidly developing Dexter Corridor. Recently awarded over 30 million in grants this area surrounds Historic Russell Woods and is currently undergoing a massive street scape and infrastructure revitalization. The 27.5 mile Joe Louis Greenway will run through the Dexter Linwood corridor spurring additional retail and mixed use development for years to come. EV Charging stations, new water lines, extensive landscaping and areas for pedestrian walkways and retail currently in progress. Minutes away from New Center, The Fisher, Henry Ford Hospital and Police Headquarters, fifteen minutes from the Downtown Riverfront and Ferndale and Royal Oak to the north. 26 one bedroom apartments, six two bedrooms and a Super's unit on the garden level. This building was built for luxury and elegance with detailed marble and tile work that can be saved. This building is a FULL Rehab but even with moderate finishes and upgrades this building will be highly rentable at market rates, especially recent grads and relocations moving to Detroit for work and priced out of downtown and the suburbs. Here is a chance to make your mark on the city everyone is watching and get established before the area is priced out. BATVAI
Welcome to the vibrant Bagley District of Detroit, where history meets opportunity. Here's an exceptional investment opportunity featuring a multi-unit property situated in one of Detroit's most sought-after neighborhoods. Both units are currently tenant occupied. Will show after an accepted offer. This property features a new roof, new carpet upstairs, restored hardwood floors downstairs and a 2 car detached garage.
Welcome to the latest offering from the Detroit Land Bank Authority. Brick Income bungalow located in the Mary grove subdivision. 2 bedrooms down and 1 bedroom up. The highlight of this property is that it comes with 4 vacant lots for you to develop. Sale includes 16005, 16011, 15945 and 15953 San Juan. Bring your design ideas and your creativity and lets see what we can accomplish. 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.
FULLY REMODELED TWO FAMILY IN BAGLEY - Looking for a freshly remodeled 2 unit home in Detroit's hottest neighborhood? Truly move-in ready with updated mechanical systems and premium finishes. Quartz countertops, recessed lighting, new cabinets and updated bathrooms. This would make a great home to live in one unit and lease the other. Located walking distance from two major colleges: University of Detroit and Marygrove College. New vinyl windows, gutters, newer roof. Would make an ideal rental property with good cashflow and skyrocketing appreciation. Each unit can be rented in the 1200 range. The lower unit has a 3rd room which could be converted into a bedroom. So this could be a 5 bedroom home total. Call and schedule a showing today!
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.
Excellent investment 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 three bedrooms, a full bath, kitchen, dining, and family room with natural fireplace. Some cosmetic updates have been completed including, bathrooms, kitchens, and fresh paint. First level unit features natural hardwood flooring, second level unit has new plank flooring. Outdoor space is great w/covered front porches/decks for each unit. This one has the hard to find private basement access to each unit with space for private laundry in each units basement. The upper unit has an updated nook off the back of the kitchen with access to the third level which serves well as storage or could be extra living space with a little modernizing. Currently one furnace and hot water tank in the home. Prepped for separate electric and gas, additional meters will be needed. Water is combined. Home is sold as/is, buyer to assume responsibility for obtaining the Certificate of Occupancy. Great equity opportunity. A little investment from the new buyer will make this one amazing!
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. 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.
This charming multi-family home features two spacious units in a highly desirable location, offering endless potential for investors or homeowners looking to maximize rental income. With a prime setting, this property provides the perfect opportunity to capitalize on its great layout and convenient proximity to local amenities, schools, and transportation. This property is a solid investment with endless possibilities.
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!
This 18-unit apartment complex presents an incredible investment opportunity, ideal for those looking to expand their portfolio with a solid, income-generating property. Offering diverse unit layouts and prime potential for upgrades, the property is being sold as-is, providing a clean slate for renovations or enhancements that can significantly boost its value. Situated in a location ripe for growth, this is your chance to turn this multifamily complex into a thriving, long-term asset.
Detroit is located in Michigan. 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.
