5074 Chalmers Street new Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48213
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,912 sqft
Price per Sqft $65
Subdivision Jefferson Park Land Co Ltd 1
MLS Listing ID 57050187659
Full Baths 2
Year Built 1941
Annual Tax Amount $2,791
Lot Size 4,356 Sqft
Property Description
Cash flowing investment opportunity! This duplex is fully updated and ready for its next investor. Both units feature fresh, modern renovations throughout, making this property truly turn key. Upper Unit: Vacant and move-in ready, offering 1 spacious bedroom with contemporary updates. Lower Unit: Currently tenant-occupied, featuring 2 bedrooms and generating $1,170/month in rent. With incredible Section 8 rental potential, this property could generate over $2,500/month+ in rental income! Perfectly located just blocks away from the exciting new Chandler Park development and sports dome, this property combines strong returns with a prime location. Whether you're expanding your portfolio or stepping into your first investment, this duplex is a must-see!
Location
State MI
County Wayne
Area Det Con-Mors/Grat. Hstn/7 Mack
Interior
Heating Forced Air,Separate Meters
Cooling Ceiling Fan(s)
Building
Foundation Basement
Sewer Sewer (Sewer-Sanitary)
Water Public (Municipal)
Schools
School District Detroit
Others
Acceptable Financing Cash,Conventional,FHA,VA
Listing Terms Cash,Conventional,FHA,VA