Description
This beautiful duplex comes fully updated on detroit's west side. these charming units both feature a private garage and basement access. the lower unit is a 2 bed/1 bath, and the upper unit is a 1 bed/1 bath with a bonus room.
the lower unit is occupied at $1,225/mo, with a $50/mo landlord credit for water (factored into projected expenses). the upper unit currently is vacant, but has applicants at $900/mo.
tenants each pay their own electric and gas. priced at an 11% pro forma cap rate, this is an incredible opportunity to invest in a turn-key housing opportunity.
Property Type
MultifamilySubdivision
Heiden & Cunningham Palme R Grove Sub (plats)County
WayneStyle
BungalowAD ID
48900070
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Property Details
-
Interior Features
Bathroom Information
- Total Baths: 2
- Full Baths: 2
Interior Features
- Basement Description: Unfinished
Heating & Cooling
- Heating: Forced Air
- Heating Fuel: Natural Gas
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Exterior Features
Building Information
- Year Built: 1953
- Building Stories: 2 Story
- Total Units: 2
- Foundation/Basement: Basement
- Architecture: Bungalow
Exterior Features
- Construction: Brick
Utility Features
- Sewer: Public Sewer (Sewer-Sanitary)
Water
- Public (Municipal)
-
Property / Lot Details
Lot Information
- Lot Size: 0.10
- Dimensions: 40.00 x 111.00
Property Information
- SQ ft: 1596
- Subdivision: HEIDEN & CUNNINGHAM PALME R GROVE SUB (PLATS)
- Financing: Cash,Conventional,FHA,Warranty Deed
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Listing Information
Listing Price Information
- Original List Price: $160,000
Listing Information
- Possession: Subject To Tenant Rights
- Legal Description: E HUBBELL 28 HEIDEN & CUNNINGHAM PALMER GROVE SUB L45 P58 PLATS, W C R 22/51 40 X 111
-
Taxes / Assessments
Tax Information
- Annual Tax: $3,918
- Parcel Number: W22I039192S
Possession
- Subject To Tenant Rights
Legal Information
- Legal Description: Section: E HUBBELL 28 HEIDEN & CUNNINGHAM PALMER GROVE SUB L45 P58 PLATS, W C R 22/51 40 X 111
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking: 2
- Has Garage: Yes
Multi-Unit Information
- Road Frontage: Paved
Unit 1 Information
- # of Bedrooms: 1
Unit 2 Information
- # of Bedrooms: 1
-
School, Utilities & Location Details
Utility Information
- Water:Public (Municipal)
- Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 04/15/2025 @ 03:21
- MLS: 623861049
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Realcomp II Ltd
is a Multifamily, with 3 bedrooms which is recently sold, it has 1,596 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.