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About the Listing 108353 - RC441492,RC272277
Incredible Turn-Key Investment Opportunity or House-Hacking Potential! Welcome to this income-generating multifamily property perfectly located just minutes from Downtown Detroit. This well-maintained duplex features two distinct units, providing immediate cash flow. The spacious lower unit offers 2 bedrooms and 1 bathroom, currently renting for $800/mo. The charming upper unit features 1 bedroom and 1 bathroom, currently renting for $750/mo. Both units have substantial value-add potential, with fair market rents in the immediate area averaging $1,000–$1,200 per unit!Major capital improvements have already been done for you, including two brand-new furnaces installed within the last two years, newer updated plumbing, and windows that are only 5 years old. Property features a low-maintenance yard with no garage to maintain. Unbeatable location with quick access to major freeways and local shopping hubs. Don't miss out on adding this Detroit gem to your portfolio!
Listing Highlights
Status
Active
Days on Site
31
Property Type
Multi-Family
MLS ®
60994863
Year Built
1927
Total Square Footage
1,540
Lot/Acreage
0.08
County
Wayne
Neighborhood
Elite Gardens
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: 1540
- Below Ground Sq Ft: n/a
- Basement: Poured
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 33.25X103.04
- Zoning: Multi-Family
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $797
- 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
% Down Payment
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Questions About..
14622 Faircrest Detroit, MI 48205
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