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$115,000
Est. payment /mo
2 Baths
5,227 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261031001
Year Built 1948
Annual Tax Amount $2,844
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 50.00 x 107.00
Source Realcomp
Property Description
With a long term section 8 tenant in one unit, this side by side duplex is great for a homeowner looking to live in one side and keep the other as a rental or for an investor looking to keep both apartments rented! Each side has 2 bedrooms, 1 full bath, and separated basements / utilities. This property has great bones with an all brick exterior, vinyl windows, newer mechanicals, and many updates to 11240 in 2021. Already City Certified until January 2027 and section 8 inspected every year on the 11240 apartment, this property has been actively maintained and only need minor repairs in the vacant unit to be fully rent ready. This provides a strong rent ratio right out the door but offers a value add opportunity with market rents at 1000+ per unit. Professionally managed and ready for a new investor to add to their portfolio. Located in the Gratiot-Findlay neighborhood near Martz Playground, Coleman Young Airport and just 7 minutes to downtown.**Do not disturb the current residents** Contact for more information or to schedule a showing!
Location
State MI
County Wayne
Zoning Multi-Family
Direction North Of Outer Drive And West Of Gratiot
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W21I010558S002
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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Listed by Zest Realty LLC
NEARBY SCHOOLS & PROPERTIES
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