Exceptional Multi-Family Home Investment Opportunity! A few blocks away from UofD Mercy and Marygrove College,shops & more. Completely updated and fully rented, this stunning two-unit property boasts: -New Furnace/AC and hot water for each unit-Two spacious 2-bedroom, 1-bath units with in-unit laundry-Separate entrances for each unit-One unit will be vacated at closing, perfect for owner occupancy or rental income-Basement prepped for completion of a 3rd unit, with plumbing and electrical setup -Endless possibilities for additional income or expansion Don't miss this incredible opportunity to live in one unit and rent the other, or maximize your investment with three separate units. Schedule a private showing or inquire with the Listing Agent today to make this multi-family home yours
This updated multi-family property offers excellent potential for steady returns. Featuring two spacious 1-bedroom, 1-bath units, both have been well-maintained and are ready for new ownership. Each unit is equipped with brand-new carpet, updated cabinetry, and a newer roof, making it a turnkey investment. The upper unit includes a private balcony, providing outdoor space for relaxation, while the shared basement offers additional storage or laundry space. With each unit renting for $950/month, this property delivers solid rental income and has the potential for future appreciation. Located in Southwest Detroit, this property is just 15 minutes from downtown and offers easy access to I-75, making it a convenient location for tenants. Whether you're an experienced investor or looking for your next project, this property is a great opportunity to add to your portfolio. Don't miss outââ?¬â??schedule your viewing today! The highest and best offer deadline is 10/14/24 at 6 PM
Welcome to 16912 Fairfield this charming 2-story multifamily home in the University District. of Detroit. This home features an upper and a lower unit, each with a spacious layout, kitchen, and living room. The first-level unit has a beautiful brick fireplace, three bedrooms, and one full bathroom. The second level unit has 2 bedrooms and 1 full bathroom, this unit has a laundry room Each unit has its separate basement with an entryway to the basement. This is a motivated seller, he is willing to drop the listing price for a reasonable offer. This property will be open on Sunday from 2 to 4 until an offer is accepted.
Great investment opportunity! Newly updated 6 unit occupied apartment building with leases in place in Southwest Detroit. Your tenants will enjoy all that Mexican Town has to offer! The entire building has been rental certified and has passed lead inspection by the city of Detroit. There are a total of 6 two bedroom units. All units are currently occupied. The building is separated into two entrances. The first entrance includes the front two units and the side entrance leads to the remaining 4 units. Each unit is separately metered. All furnaces for the building have been updated in 2020. The seller is opening to seller financing.
**Opportunity** This duplex property is turn key, not to mention each unit is occupied and producing rent. Tenants pay $800 per month and are currently month to month along with all utilities (except water). Each unit features Living room, dinning room kitchen, 2 spacious bedrooms, a full bath and partial basement. Rooms/room sizes are estimated and should be verified by the buyer/buyer's agent. Check out our other investment properties located at 8873 Rutherford/16000 Kramer and 9151-9153 Mansfield.
INVESTOR OR HOMEOWNER; 3 BEDROOMS UP & DOWN, LIVE IN ONE UNIT OR RENT BOTH UNITS TO GENERATE A GOOD CASH FLOW, VACANT LOT INCLUDED, WELL MAINTAIN MUST SEE TO APPRECIATED, SCHEDULE AN APPT TODAY, BUY & BUYER'S AGENT TO VERIFY ALL MEASUREMENT AND SPECTS TO PROPERTY. SALE SUBJECT PROBATE APPROVAL... PLEASE DO NOT DISTURB THE OCCUPANTS , 24 HOUR NOTICE FOR SHOWING APPT. A MUST
Multifamily Home with 2 Units ââ?¬â?? Great Investment Opportunity! This multifamily property offers two units, both in need of TLC, making it perfect for investors or buyers looking for a project. Unit 1 features 3 bedrooms and 2 full bathrooms, while Unit 2 includes 3 bedrooms and 1 bathroom. Both units are in distressed condition but offer great potential with spacious layouts and natural light. Conveniently located near local amenities, this property is an excellent opportunity for those looking to renovate and add value.
NICE BRICK SINGLE FAMILY WITH FIVE BEDROOMS TWO UPSTAIRS AND 3 BEDROOMS DOWN. THIS HOME FEATURES 3 FULL BATHROOMS AND A LIVING ROOM UPSTAIRS TWO KITCHEN IN BOTH UNITS.
This is a property for a home owner needing space, investor or a business owner needing office space with the foresight to realize the opportunity and value of an area under a 10M renovations across the street. Ideal for a new retail or community service. This property was formerly a transitional home. This property won't last. It is close to the freeway and schools.
Your new home or investment opportunity awaits! This spacious duplex features a bright and clean floorplan with beautifully refinished hardwood floors and lots of natural light throughout. Enjoy cooking your favorite meals in the lovely kitchens, equipped with gas range and fridge to be included. Both bedrooms are spacious with sizable closets so every member of the household can relax in comfort. Relax outdoors with friends on the covered upper porch, with view of the fenced in backyard. Contact today for additional information!
Come and invest in a rental property with 4 units, each having 2 bedrooms and 1 bathroom. The basement is a shared common space and is partially finished. It is located 10 minutes from downtown Detroit and is just off I-96. Schedule your showing today.
Attention investors, house hackers, and handy homeowners alike. Take a look at this solid duplex located on a great block on Detroit's Westside. The upper floor unit has 2 beds and 1 bath. Lower floor also has 2 beds and 1 bath. This could be a great long term investment for any buyer. Most of the work has already been done. Come by and take a look. You could spend a few bucks and have a really nice long term equity building asset for the future. Lets make a deal...Don't miss your chance! This could pull in 2200+ per month in rental income.
Welcome to 4910 Whitfield St, a fantastic investment opportunity located just minutes from downtown Detroit, Henry Ford Hospital, and major amenities! This spacious duplex offers two units, each featuring 3 bedrooms and 1 bathroom. Ideal for investors or owner-occupants looking to generate rental income, this property has the potential for Section 8 rents of $1,500 per unit, providing a total monthly cash flow of $3,000. The location is unbeatable with easy access to public transportation, shopping, dining, and entertainment options. Whether you're looking to expand your portfolio or settle into a home with income potential, this duplex is a must-see!
Prime Investment Property in Detroit: Discover a fantastic opportunity with this updated, 8-unit property in a highly sought-after area. Featuring modern upgrades and a strategic location close to major transit, schools, and local amenities, this property is perfect for generating steady rental income or long-term appreciation. With strong demand in the neighborhood, this is the perfect time to invest! Plus, something was amazing about this property that just blew me away. Hurry to find out what it was and secure your next investment!
BRICK COLONIAL MULTI-FAMILY HOME, OFFERING TWO SPACIOUS UNITS, EACH FEATURING 3 BEDROOMS, 1 BATHROOM, A COZY LIVING ROOM, AND A FORMAL DINING ROOM. BOTH UNITS INCLUDE GENEROUSLY SIZED KITCHEN, PERFECT FOR EVERYDAY LIVING. THE PROPERTY ALSO BOASTS A SHARED BASEMENT FOR EXTRA STORAGE AND A DETACHED GARAGE. ENJOY THE SIZEABLE BACKYARD, IDEAL FOR OUTDOOR ACTIVITIES OR RELAXATION. A PERFECT INVESTMENT OPPORTUNITY.
BRICK COLONIAL MULTI-FAMILY HOME, OFFERING TWO SPACIOUS UNITS, EACH FEATURING 3 BEDROOMS, 1 BATHROOM, A COZY LIVING ROOM, AND A FORMAL DINING ROOM. BOTH UNITS INCLUDE GENEROUSLY SIZED KITCHEN, PERFECT FOR EVERYDAY LIVING. THE PROPERTY ALSO BOASTS A SHARED BASEMENT FOR EXTRA STORAGE AND A DETACHED GARAGE. ENJOY THE SIZEABLE BACKYARD, IDEAL FOR OUTDOOR ACTIVITIES OR RELAXATION. A PERFECT INVESTMENT OPPORTUNITY.
The perfect duplex investment property you have been looking for! Projected rental income 2,200 per month, positive cash flow! Located a short drive from Dearborn and all the downtown Detroit attractions. Upper unit features three bedrooms with closets, full bathroom, spacious living room, full kitchen and dining area. Main floor unit features two bedrooms, full bathroom, large living room, kitchen and dining area. Full basement for storage and laundry facility. Detached garage, long driveway, and street parking.
Attention investors and house hackers...Lets make a deal! Check out this magnificent duplex located in one of the most highly desirable areas in Detroit. The Bagley neighborhood is coveted by all for its historic architecture, well built home quality, and its timeless charm that exudes a wondrous beauty that is second to none. The current owner has taken so much care in bringing this property to life over the years. So many well thought upgrades have been made. Lead certification is almost complete as well, and could potentially be prior to closing. The lower unit has had extensive kitchen and bathroom updates. The windows are original, fully functional, and restored to be in 100% working order. The lower unit is a 3 bed and 1 bath unit serviced by a fairly new boiler. The upper unit has 2 beds and 1 bath. The upper unit is heated with a forced air furnace that was recently installed so utilities are split. It also features a newer kitchen with granite countertops, tile backsplash, and newer cabinets. Each occupant pays their own utility bills. There are separate gas and electric meters for each tenant. Water is paid out of the current $1035 rent by the landlord as there is only 1 water meter. This property also includes an extra lot directly next door that will be included in the sale. This leaves the potential to build for the future with whatever you desire. The seller had plans to complete C of C by this fall so we are almost there. No showings will be permitted without an accepted offer.
VACANT HUGE 3 BEDROOM HOME WITH ANOTHER UNIT COLLECTING INCOME! 2 Units FOR SALE the heart Southwest Detroit just south of Michigan Avenue down the street from Cesar Chavez Elementary just minutes from Downtown Detroit near all the best shops and restaurants. Both units have been rehabbed prior to tenant move in, the 3 bedroom is freshly updated ready for new home owner or investor to take over. Studio unit with full bath and basement - 3 Bedroom has huge upper flat primary bedroom upstairs can be easily converted to 4 bedrooms, 2 entry floor bedrooms, full bath and basement. This home would be perfect for an investor looking to purchase an investment home already collect monthly rental income! Purchaser to pay 495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!
This area has seen a strong increase in after repair values. There is a great opportunity for sweat equity and forced appreciation on this one. Perfect opportunity for investors to do a fix and flip or BRRRR. Each unit has 2 bedrooms and 1 bathroom. SOLD AS-IS.
Attention investors! Here is the ideal income producing brick duplex on the popular west side. This property has updated units and long term MONTH TO MONTH tenants that each pay gas/electric and cable. Both units have hardwood floors and original plasterwork. Property has been maintained inside and out and both tenants are in good standing. LAND CONTRACT OPTION AVAILABLE please call for details.
This beautifully transformed building in the North End of Detroit includes four impeccably renovated condos with modern layouts and finishes, currently generating strong rents due to their thoughtful design and high-quality finishes. All utilities are separately metered, ensuring ease of management for future owners. The sale includes an adjacent lot at 455 E Philadelphia St (Parcel Number 01002632), offering great potential for future development or use as a tenant amenity to further boost rental income. Contributing to the� investment potential, the� surrounding area is experiencing significant growth, including developments like The Beauton (retail and residential), newly built townhomes on Marston and John R, and the Detroit Food Commons. This property offers immense investment flexibility: With North End property values appreciating consistently and the area dotted with development at every turn, you can reap the rewards of above-market rents while maintaining the freedom to sell individual units at any time. Additionally, you have the option to develop the adjacent lot, further enhancing the long-term potential of this investment. The property was recently converted to condos and are individually identified as follows: â�¢ 458 Hague Unit 1: 01002633001 â�¢ 458 Hague Unit 2: 01002633002 â�¢ 458 Hague Unit 3: 01002633003 â�¢ 458 Hague Unit 4: 01002633004
This duplex features two spacious 3-bedroom, 1-bath units offering a fantastic investment opportunity. One unit is 90% rehabbed, while the other is awaiting your finishing touches. All mechanicals are in place and fully operational, making this property a promising choice for both investors and homeowners.
Handsome Upper / Lower brick duplex on a lovely tree lined block in Bagley. Lower unit boasts hardwood floors. Huge living room with fireplace in both units. Spacious kitchen and bedrooms. Recent improvements include new gutters and HVAC. 2 car garage and full basement provide ample storage. Great opportunity to occupy one unit and rent out the other for cash flow. Ideal setup for generational family or first time homebuyer. Superbly located near Avenue of Fashion. Furnace and Water Tanks to be installed prior to Closing.
Introducing a Prime Investment Opportunity The Metropolitan Apartments in Palmer Park. This 30-unit apartment building offers a mix of 22 spacious 2-bedroom units, and 8 1-bedroom units. The Building has a brand-new roof and windows. Completely demoed to the studs ready for mechanicals and finishes. 19 convenient off-street parking spacesââ?¬â??a rare find in Palmer Park. Sold AS-IS BATVAI
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.