Incredible opportunity on this completely renovated and remodeled 2-unit duplex with an amazing 12% cap rate (based on rents of 1, 200 per unit and current taxes). These units are ready for immediate occupancy! Both units have separate entrances & utilities, 3 bedrooms and one full bath. Each unit has access to the basement through the rear stairwell. Large expansion attic for storage space. All electrical, furnaces, hot water tanks, plumbing & stainless-steel appliances are all new! Perfect for owner occupant as well, rent one unit and pay your mortgage.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 2 / 1
- Full Bathrooms: 2
- 1/2 Bathrooms: 1
- Bathroom 1 Description: Total Bathrooms: 3
Appliances
Heating and Cooling
- Heating Features: Forced Air
- Heating Fuel: Natural Gas
- Water Heaters: Gas
Other Rooms
- Basement Description: Block
Exterior and Lot Features
- Exterior Balcony
- Frontage Length: 35
Land Info
- Lot Size Acres: 0.08
- Lot Size Dimensions: 3485
- Lot Size Square Feet: 3485
Garage and Parking
- Garage Description: Detached Garage
Multi-Unit Info
School Information
- School District: Detroit City School District
Rental Info
Other Property Info
- Source Listing Status: Pending
- County: Wayne
- Source Property Type: Multi-Family
- Area: Detroit (82001)
- Source Neighborhood: Stormfeltz-Lovely Co Sub
- Parcel Number: 14002928
- Subdivision: Stormfeltz-Lovely Co Sub
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 2458
- Year Built: 1916
- Building Exterior Type: Exterior Construction: Brick
- Foundation Details: Basement
- Property Age: 108
- Levels or Stories: 2
- Structure Type: 2 Story
- House Style: Colonial
Utilities
- Sewer: Public Sanitary
- Water Source: Public Water