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About the Listing 103418 - 629072
THIS PROPERTY HAS BEEN APPRAISED FOR $350,000 WE CAN EMAIL YOU THE REPORT. Discover this beautifully renovated multifamily home in the heart of Detroit! This spacious property features two separate units, each offering 2 comfortable bedrooms and 1 full bathroom, making it an excellent option for multi-generational living, house hacking, or a solid investment opportunity. Both units have been recently remodeled, featuring fresh paint, updated flooring, and modern finishes throughout, creating a warm and inviting atmosphere. The kitchens are functional and stylish, perfect for everyday living or tenant use. As an investment property you can generate $1500 per month per unit. That's $36,000 gross annually! Whether you're looking to live in one unit and rent the other, or simply add a turnkey rental property to your portfolio, this home offers flexibility and income potential. Located in a growing area of Detroit, you'll be close to shopping, schools, public transportation, and major roadways, everything you need is just minutes away. Don't miss this incredible chance to own a beautifully updated duplex in a city full of opportunity. Schedule your showing today! This property has an alarm and is being monitored and recorded via camera system.
Listing Highlights for 553 Belmont
Status
Active
Days on Site
73
Property Type
Multi-Family
MLS ®
60915468
Year Built
1910
Total Square Footage
2,204
Lot/Acreage
0.13
County
Wayne
Neighborhood
Moore Hodges & Warrens Sub
Area
Detroit (82001)
School District
Detroit City School District
Interior Details
- Bedrooms: 0
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2204
- Below Ground Sq Ft: n/a
- Basement: Poured
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 45X125
- Zoning: Multi-Family
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $2,119
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
553 Belmont Detroit, MI 48202
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