3 bedroom house for sale

Detroit MI 48204

Overview

Investor Special This recently vacated multi-family unit is an investor's dream. With a competitive price, this property features a 1-bedroom, 1-bathroom unit upstairs and a 2-bedroom, 1-bathroom unit downstairs. Each unit has a sizeable living room, formal dining room, and its own separate entrance and basement access. The property boasts a large, fenced yard and is conveniently located with easy access to downtown Detroit via Grand River Avenue, or to northern Detroit suburbs via quick connections to I-96 and the Lodge Freeways. With some rehabilitation and updates, this could become a profitable multi-unit rental property. Potential rental income could reach up to $2, 000/month, with an after-repair value (ARV) of $119k and higher, based on comparable properties in the same block and surrounding areas.

Details

  • Beds: 3
  • Baths: 2
  • Price: $59,900
  • Reference No.: 71854581
  • Area: 1,680 sqft

Location

Detroit MI 48204

3 bedroom house for sale

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2024-05-15, Viewed 0 times.