Excellent investment opportunity in the heart of Detroit. This well-maintained 3-unit multifamily property is a strong cash-producing asset with immediate income in place. Two of the three units are currently rented, generating a combined $2,250 in monthly income, while the third vacant unit offers additional upside with an estimated rental… Read More potential of $1,000 per month. All units have been well cared for, and the property has a solid rental history. Features include long-term, reliable tenants who are up to date on rent, making this an ideal turnkey investment for both new and seasoned investors. The building has been consistently maintained and presents minimal deferred maintenance. Perfect for investors seeking steady cash flow, value-add potential, and a quick closing opportunity. Do not miss this income-generating multifamily property. Read Less
Courtesy of R2M Realty, Md Ashraf Karim, 248-688-7838.
Listing Snapshot
Days Online
97
Last Updated
Property Type
Single Family
Beds
6
Full Baths
3
Partial Baths
1
Square Ft.
1,848
Lot Size
0.07 Acres
Year Built
1924
MLS Number
60969905
Additional Details
Property Access
Paved Street
Basement
Finished
Building
1,848 square feet, 10 total rooms, Built in 1924, Style: More than 2 Stories, Colonial
Exterior Features
Vinyl Siding
Foundation
Basement
Water Features
Public Water
Heating
Natural Gas, Forced Air
Lot
0.07 acres, Size: 30X100
Taxes
Amount: $3,266
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