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.
Property Type
MultifamilyCounty
WayneStyle
MultifamilyAD ID
49497946
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Property Details
-
Interior Features
Heating & Cooling
- Heating: Forced Air
- Heating Fuel: Natural Gas
-
Exterior Features
Building Information
- Year Built: 1924
- Total Units: 4
Utility Features
- Sewer: Public Sewer (Sewer-Sanitary),Sewer at Street
Water
- Public (Municipal)
-
Property / Lot Details
Lot Information
- Lot Size: 0.17
- Dimensions: 48x114
Property Information
- Financing: Cash,Conventional
-
Listing Information
Listing Price Information
- Original List Price: $299,000
Listing Information
- Possession: Subject To Tenant Rights
- Legal Description: S FAIRCREST 917 SEYMOUR & TROESTERS MONTCLAIR HEIGHTS SUB NO 2 L40 P74 PLATS, W C R 21/594 48.23 IRREG
-
Taxes / Assessments
Tax Information
- Annual Tax: $2,326
- Parcel Number: 21018801
Possession
- Subject To Tenant Rights
Legal Information
- Legal Description: Section: S FAIRCREST 917 SEYMOUR & TROESTERS MONTCLAIR HEIGHTS SUB NO 2 L40 P74 PLATS, W C R 21/594 48.23 IRREG
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking: 2
Unit 1 Information
- # of Bedrooms: 1
Unit 2 Information
- # of Bedrooms: 3
-
School, Utilities & Location Details
Utility Information
- Water:Public (Municipal)
- Sewer:Public Sewer (Sewer-Sanitary),Sewer at Street
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BuyOwner last updated this listing 05/09/2025 @ 15:50
- MLS: 625699507
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Realcomp II Ltd
is a Multifamily, with 7 bedrooms which is for sale, it has 0 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.