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$ 299,000
Est. payment | /mo
4 Beds
7,405 Sqft Lot
$ 299,000
Est. payment | /mo
4 Beds
7,405 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 81025017824
Bedrooms 4
Originating Board Greater Metropolitan Association of REALTORS®
Year Built 1924
Annual Tax Amount $2,326
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 48x114
Property Description
Income-Producing 4-Unit in Prime Detroit LocationOpportunity knocks with this fully occupied 4-unit residential building located in a high-demand area of Detroit. This property is already generating steady rental income, making it a great fit for investors looking to step into cash flow from day one.Each unit is tenant-occupied with room for value-add potential down the line. Whether you continue to collect rent as-is or choose to renovate as leases turn over, there's strong upside to increase ROI. Street parking is available and there's also a private driveway for added convenience.Situated in a central, accessible location with growing interest, this property offers an affordable way to make your mark in Detroit's real estate market. Don't miss your chance to tap into aproven income stream with even more potential ahead.
Location
State MI
County Wayne
Area Det 8 To Gratiot/Houston To 7
Direction Faircrest and Gratiot
Interior
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Garage Spaces 2.0
Garage no
Building
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street
Water Public (Municipal)
Structure Type Aluminum
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID 21018801
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Listed by Ryan Heward of Golden Key Real Estate LLC