4 Beds
2 Baths
1,680 SqFt
4 Beds
2 Baths
1,680 SqFt
Key Details
Property Type Single Family Home
Sub Type SingleFamilyResidence
Listing Status Active
Purchase Type For Sale
Square Footage 1,680 sqft
Price per Sqft $86
Subdivision East Detroit Dev Cos 1
MLS Listing ID 20261044853
Style Bungalow
Bedrooms 4
Full Baths 2
Year Built 1924
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type SingleFamilyResidence
Property Description
Don't miss this exceptional turnkey investment opportunity with dependable tenants already in place, providing immediate rental income from day one. Ideally located in a strong rental market near Balduck Park, Mack Avenue, Warren Avenue, Grosse Pointe, Downtown Detroit, Morningside, and East English Village, this duplex offers convenience, long-term rental appeal, and excellent investment potential.Seller is open to creative and alternative financing options, including but not limited to seller financing. Also open to buyer concessions that may be applied toward closing costs, prepaid expenses, or other buyer costs, subject to the terms of the purchase agreement and lender approval.
Currently generating **$1,760 per month** in rental income:
• **Upper Unit:** Currently rented for **$500/month**
• **Lower Unit:** Currently rented for **$1,260/month**
Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this duplex offers a fantastic opportunity with steady cash flow. Property management is readily available for a seamless transition but is not required, allowing you the flexibility to self-manage if preferred.
Location
State MI
County Wayne
Area Area05055Detconmorsgrathstn7Mack
Rooms
Basement Unfinished
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Parking Features NoGarage
Fence Fenced
Pool None
View Y/N No
Garage false
Building
Foundation Basement, Poured
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, Conventional, WarrantyDeed
Listing Terms Cash, Conventional, WarrantyDeed
Special Listing Condition ShortSaleNo, Standard
Virtual Tour https://www.zillow.com/view-imx/d765159d-c36e-4c82-98d6-a757302b2920?wl=true&setAttribution=mls&initialViewType=pano
NEARBY SCHOOL & BUSINESS
42949 W Seven Mile Rd, Northville, MI 48167, United States