35
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$120,000
Est. payment /mo
2 Baths
1,951 SqFt
Active
5500 Chalmers Street Detroit, MI 48213 3731
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,951 sqft
Price per Sqft $61
Subdivision Mi
MLS Listing ID 60920981
Style 1 Story
Full Baths 2
Year Built 1951
Annual Tax Amount $4,058
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 40X150
Property Sub-Type Multi-Family
Property Description
Turnkey Investor Gem in Prime Detroit Location! This ranch-style duplex is a cash-flow powerhouse - one unit is currently rented at $900/month, with the second unit ready to lease for the same, bringing total potential income to $1,800/month. Priced to sell, this low-maintenance property offers strong returns from day one. Both units feature updated interiors, with one already occupied by a reliable tenant. Located on a corner lot, the property has great curb appeal and convenient access to local amenities. Professionally managed for truly passive income. Tenant ledger available upon request. Don't miss this high-performing investment opportunity!
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Residential
Rooms
Basement Block
Interior
Heating Forced Air
Fireplace No
Exterior
Exterior Feature Brick
Building
Story 1 Story
Foundation Basement
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional,FHA
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by EXP Realty Main