5299 Drexel Street

Detroit, Michigan 48213

  • 4 Bed(s)
  • 2.5 Bath(s)
  • 1,914 Sqft
  • 0.09
    Acre(Lot)
$140,000

Description

Excellent investment opportunity! this fully leased, income-producing multi-family brick home features two spacious units, each offering 2 bedrooms and 1 bathroom. updated and remodeled in 2023, the property boasts a brand-new roof, updated mechanicals, and a well-designed layout. enjoy additional space with two side lots, a large driveway, and a generously sized yard—perfect for outdoor enjoyment. reliable, good-paying tenants already in place make this a turnkey addition to any investor’s portfolio. don’t miss this rare find!"

  • Property Type

    Multifamily

  • Subdivision

    Parkside Manor

  • County

    Wayne

  • Style

    Duplex

  • AD ID

    49199135

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Property Details

  • Bathroom Information

    • Total Baths: 2.5
    • Full Baths: 2
    • Half Baths: 1

    Interior Features

    • Basement Description: Unfinished

    Heating & Cooling

    • Heating: Hot Water
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1929
    • Building Stories: 2 Story
    • Total Units: 2
    • Foundation/Basement: Basement
    • Architecture: Duplex

    Exterior Features

    • Construction: Brick

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary)

    Water

    • Public (Municipal)

  • Lot Information

    • Lot Size: 0.09
    • Dimensions: 40.00 x 100.00

    Property Information

    • SQ ft: 1914
    • Subdivision: PARKSIDE MANOR
    • Financing: Cash,Conventional,FHA,Trade/Exchange

  • Listing Price Information

    • Original List Price: $140,000

    Listing Information

    • Possession: At Close
    • Legal Description: Property exempt from Ad Valorem taxes and assessed on the Special Act Roll pursuant to PA 261 of 2003 expiring 12/30/2024. W DREXEL 289 PARKSIDE MANOR SUB L45 P53 PLATS, W C R 21/675 40 X 100

  • Tax Information

    • Annual Tax: $1,079
    • Parcel Number: W21I050785S

    Possession

    • At Close

    Legal Information

    • Legal Description: Section: Property exempt from Ad Valorem taxes and assessed on the Special Act Roll pursuant to PA 261 of 2003 expiring 12/30/2024. W DREXEL 289 PARKSIDE MANOR SUB L45 P53 PLATS, W C R 21/675 40 X 100

  • Parking Information

    • Parking: 1
    • Has Garage: Yes

    Multi-Unit Information

    • Road Frontage: Paved

    Unit 2 Information

    • # of Bedrooms: 2

  • Utility Information

    • Water:Public (Municipal)
    • Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 04/05/2025 @ 16:18

  • MLS: 624870241
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 4 bedrooms which is for sale, it has 1,914 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.