Detroit, MI 48213,5074 Chalmers Street
Detroit, MI 48213,5074 Chalmers Street
Detroit, MI 48213,5074 Chalmers Street
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$125,000
Est. payment /mo
2 Baths
1,912 SqFt
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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

Acres 0.1

Lot Dimensions 40X110

Source Southeastern Border Association of REALTORS®

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)

Fireplace no

Heat Source Natural Gas

Exterior

Garage no

Private Pool No

Building

Foundation Basement

Sewer Sewer (Sewer-Sanitary)

Water Public (Municipal)

Level or Stories 2 Story

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID 21055417

Ownership Corporate/Relocation,Short Sale - No

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Financing Cash,Conventional,FHA,VA


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Realcomp MLS
Listed by Victoria Camaj of Providence Properties, Realty & Management

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Matthew Stransky

Matthew Stransky

Team Owner | License ID: 327649

+1(248) 765-8788

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5074 Chalmers Street