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About the Listing 98866 - RC460024
If you're looking for a true turnkey investment in one of Detroit's most established neighborhoods, look no further. This fully occupied triplex on Stratford sits in the heart of the Palmer Park community and is generating $3,500 per month in rental income with all three tenants currently in place and paying. The property offers 2,931 square feet of living space spread across two spacious 3-bedroom units and one 1-bedroom unit, with a shared driveway and a private rear parking lot that tenants love. The whole package is move-in ready, so a new owner can step in and start collecting checks from day one. Located just steps from the beautiful Palmer Park, which features hiking and biking trails, tennis courts and an 18-hole golf course, and minutes from the University of Detroit Mercy, Marygrove College, Henry Ford Hospital, and all the shopping and dining along Woodward Avenue and McNichols Road. Whether you're a seasoned investor or just getting started, this is the kind of property that rarely comes available in this neighborhood.
Listing Highlights
Status
Active
Days on Site
13
Property Type
Multi-Family
MLS ®
60985915
Year Built
1934
Total Square Footage
2,431
Lot/Acreage
0.11
County
Wayne
Neighborhood
Woodward
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: 2431
- Below Ground Sq Ft: n/a
- Basement: Partially Finished
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 40X120
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $8,375
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Questions About..
19970 Stratford Detroit, MI 48221
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