Tenant occupied. No showings without an accepted offer. Nestled in Detroit's North End neighborhood, this fully leased quadplex is the perfect purchase for a savvy investor. Each unit features hardwood floors, bedrooms with ample closet options, and updated kitchens with lots of cabinetry. The plumbing, electrical, and heating systems are all updated. With a gross annual income of $65,700, this property is the perfect purchase for a savvy investor. There are an additional 2 unfinished units in the basement ready to be brought back to life. Less than 10 minute drive to downtown Detroit, and a 5 minute drive to midtown, this investment opportunity is uniquely rare and one to take advantage of. Newly renovated quadplexes in the most desired neighborhoods in Detroit are moving quickly.
Property Type :
Multifamily
County :
Wayne
Style :
Multifamily
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ByOwner last updated this listing 05/12/2024 @ 04:12
MLS: 603208789
LISTED BY: Ishma D Best , Prep Realty
SOURCE: Realcomp II Ltd
Buyer Agency Compensation: 2.50%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
