Description
This fully renovated duplex would be the ideal investment for either an investor looking for a turnkey rental that has projected annual income of $36,264 with section 8 tenants, or for an owner occupant "house hacker" living on one side and renting out the other. Enjoy low stress investing knowing that everything is brand new therefor your future capital expenses are estimated to be extremely low. Roof (2023) furnace (2023) plumbing (2023) brand new luxury vinyl plank flooring (2023)... the list goes on! In addition to immense cash flow, this home is located in the quickly appreciating East Outer Drive Community. You will be 15 minutes to Downtown Detroit and 15 minutes to Grosse Pointe. This home is right off of Gratiot Avenue for quick access to everything Metro Detroit has to offer but is also located on a quite street with opportunity to expand with vacant side lots that can be purchased from the Detroit Land Bank for $100. Hot water tank and furnace will be installed prior to buyer inspection Alarm system is installed but not included with the home. However, buyers have the option to keep it by signing up with the current alarm company's service.
Location
Similar Listings
No similar listings found
Unfortunately, we don't have any similar listings at the moment. Please remove or change some of the selected filters.
IDX provided courtesy of Realcomp II Ltd. via site owner and the originating MLS listed above, ©2022 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Updated: 2nd October, 2023 9:36 PM (UTC)
Listing Agent: Sotero Lopez II
Listing Office: EXP Realty LLC
