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$75,000
Est. payment /mo
2 Baths
4,356 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261082313
Year Built 1924
Annual Tax Amount $3,358
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 35X119.32
Source Realcomp
Property Description
Investment opportunity! Income-producing two-family flat featuring upper and lower units, each with two bedrooms, one full bathroom, and a separate entrance. Both units are tenant occupied at $625 per month each, providing $1,250 in total monthly rent and $15,000 in annual gross rental income. Consistent on-time rental payments reported by the property manager. Features include a covered front porch, upper balcony, and basement. The lower-unit lease expires in April 2027, and the upper-unit lease expires in May 2027. Existing rental agreements apply.
Location
State MI
County Wayne
Zoning Multi-Family,Residential
Direction \"On Clements Street between 14th Street and La Salle Boulevard, just north of West Davison Street.\"
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Water Public
Structure Type Wood Siding
Schools
School District Detroit
Others
Tax ID W08I004536S
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
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Listed by EXP Realty The Perna Team
Nearby School & Business
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