540542 Holbrook Street

Detroit, Michigan 48202

  • 4 Bed(s)
  • 2 Bath(s)
  • 2,112 Sqft
  • 0.08
    Acre(Lot)
$250,000

Description

Welcome to 540-542 holbrook ave, a beautifully updated duplex in a prime michigan opportunity zone, offering exceptional tax advantages and long-term growth potential! perfect for investors or owner-occupants, each unit features 2 spacious bedrooms, 1 bathroom, and gorgeous hardwood flooring throughout.

recent updates include a new roof, modern plumbing, gutters, and electrical systems, ensuring worry-free ownership. both units have been freshly painted, creating a bright and inviting atmosphere. the upstairs unit boasts a fully renovated kitchen with new cabinets, luxury vinyl flooring, countertops, and doors, along with an updated bathroom featuring a new tub, flooring, sink, and vanity.

additional highlights include a 2-car garage and a sizable adjacent lot, offering outdoor space for recreation, gardening, or potential development.

currently rented on month-to-month leases at $1,000 per unit, with area rental comps averaging $1,200 per unit, this property offers substantial cash flow potential.

don’t miss this rare opportunity to own a move-in-ready duplex with incredible tax advantages—schedule your showing today!

  • Property Type

    Multifamily

  • Subdivision

    Howlands

  • County

    Wayne

  • Style

    Colonial

  • AD ID

    47674806

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Property Details

  • Bathroom Information

    • Total Baths: 2
    • Full Baths: 2

    Room Information

    • Porches: Balcony

    Interior Features

    • Smoke Alarm,100 Amp Service,High Spd Internet Avail,Laundry Facility,Programmable Thermostat
    • Roof : Asphalt
    • Basement Description: Unfinished

    Heating & Cooling

    • Cooling: Window Unit(s)
    • Heating: Forced Air
    • Heating Fuel: Natural Gas

    Water Heater

    • Natural Gas

  • Building Information

    • Year Built: 1915
    • Building Stories: 2 Story
    • Total Units: 2
    • Roof: Asphalt
    • Foundation/Basement: Basement
    • Architecture: Colonial

    Exterior Features

    • Gutter Guard System,Fenced
    • Construction: Brick

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary)

    Water

    • Public (Municipal)
    • Water Heat: Natural Gas

  • Lot Information

    • Lot Size: 0.08
    • Dimensions: 30.00 x 113.00

    Property Information

    • SQ ft: 2112
    • Subdivision: HOWLANDS
    • Financing: Cash,Conventional,FHA

  • Listing Price Information

    • Original List Price: $250,000

    Listing Information

    • Possession: At Close
    • Legal Description: S HOLBROOK 3 HOWLANDS L15 P54 PLATS, W C R 3/103 30 X 113

  • Tax Information

    • Annual Tax: $1,169
    • Parcel Number: W03I002414S

    Possession

    • At Close

    Legal Information

    • Legal Description: Section: S HOLBROOK 3 HOWLANDS L15 P54 PLATS, W C R 3/103 30 X 113

  • Parking Information

    • Parking: 2
    • 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 12/21/2024 @ 20:44

  • MLS: 620137039
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 4 bedrooms which is recently sold, it has 2,112 sqft, 0 sized lot, and Garages parking. and are nearby neighborhoods.