12144 Washburn

Detroit, MI 48204
  • $159,900

    Price
  • 0

    Bed
  • 3

    Bath
  • 2,831

    SqFt

About the Listing 115469 - RC465891

To respect our tenants' privacy, interior showings are available upon accepted offer only. Please do not disturb occupants. This property is being sold as a two-unit dwelling with an additional finished bonus suite. Sold AS IS. Fully Rented Brick Two-Family + Bonus Third Unit -- Income From Day One! All three units are fully utility-separated, with individual electric and gas meters, dedicated water heaters, and separate furnaces. Current rents are $1,250 for Unit 1, $1,150 for Unit 2, and $700 for Unit 3. Cash flow starts the moment you close on this handsome yellow-brick two-family -- legally zoned as a duplex, with a fully finished bonus third-floor suite. All units are occupied and generating income right now, so there's no vacancy, no waiting. Just turnkey returns. Every unit has been fully remodeled top to bottom: gleaming refinished hardwood floors, brand-new carpet, fresh neutral paint, and updated kitchens with new cabinetry, granite-look counters, and sleek gooseneck faucets. The first-floor unit charms with a classic painted-brick fireplace flanked by original leaded-glass built-ins -- character you simply can't build anymore. Updated baths, new flooring, and ceiling fans throughout round out the package. The finished third level is the showstopper: a private suite with its own kitchenette, full bath, and cozy dormered living space -- already occupied and adding to the bottom line, the kind of value-add most investors only dream of finding already done. Add a covered front porch, upper balcony, and fenced yard, and you've got a rock-solid, fully performing brick asset that's been renovated, rented, and ready to hand over. No projects. No surprises. Just deposits. Three remodeled units. Rent checks. One smart buy -- don't let this one get away.

Listing Highlights

Status Active
Days on Site 48
Property Type Multi-Family
MLS ® 61017882
Year Built 1926
Total Square Footage 2,831
Lot/Acreage 0.09

Interior Details

  • Bedrooms: 0
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond:
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 2831
  • Below Ground Sq Ft: n/a
  • Basement: Block
  • Other:
  • Water: Public Water

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 35X112
  • Roof:
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: $4,711
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

Payment Calculator

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12144 Washburn Detroit, MI 48204

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Originating MLS: RealComp

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Melanie Lovati

Associate Broker | Innovation RES | Innovation Real Estate Specialists

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