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$ 179,900
Est. payment | /mo
2 Baths
4,356 Sqft Lot
$ 179,900
Est. payment | /mo
2 Baths
4,356 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261040922
Year Built 1929
Annual Tax Amount $4,753
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 38X110
Source Realcomp
Property Description
A true turnkey duplex offering immediate cash flow and strong rental history. Perfect for investors looking to expand their portfolios or buyers looking to house-hack and build long-term wealth.Each unit features 3 bedrooms and 1 bathroom. The lower unit has been occupied by a long-term Section 8 tenant since August 2023 with an excellent payment history. Current contract rent is $1,420 per month, with the tenant paying $358 and Section 8 covering the balance. The tenant also pays gas and electricity and has never missed a payment, consistently paying 24 to 48 hours early.The upper unit is fully renovated, vacant, and move-in ready. It was previously rented for $1,470 per month before becoming vacant in March 2026.Investors can generate approximately $2,890 per month ($34,680 annually) in gross rental income, while owner-occupants can live in the upper unit and offset their housing costs with the lower unit's rental income.
Location
State MI
County Wayne
Zoning Multi-Family,Residential
Direction South of Davison West of Woodward
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W08I010208S
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition {"Other":true}
Listed by KW Metro
Nearby Locations
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