Loading...

Detroit, MI, 48206 • Nardin Park • Wayne County
8Beds
4Baths
4,560Sqft
0.11 acLot
1925Built
Character Home
Built 1925 · 101 years of history
Demand and pricing signals for this listing
1 views
People checking out this listing
—/sqft
Price per square foot
Multi Family · Built 1925 · Historic
INVESTORS SPECIAL! Here is a beautiful 4 unit family flat with a strong foundation. Each unit has 2 bedrooms and 1 bathroom in each flat. This property is located in the Dexter and Elmhurst area on Detroit's West side. All of the bedrooms in this property are spacious and there is a large shared basement. The hot water tanks and the furnaces are not in the property. This home has cameras on the outside of the property for protection for the tenants. Overall, the neighborhood where this property is located is in a decent area which has working class people. The estimated cost to rehab this property is $15,000-$20,000. The estimated rent amount you could collect per unit could range from $450-$500. The income you would receive per month could range from $1,800-$2,000 per month. If that rent amount is collected consistently for 12 months, you will make more than half of your investment back in return. With a deal like this, it doesn't make sense to pass it up. IF YOU HAVE ANY QUESTIONS OR CONCERNS, PLEASE FEE FREE TO CALL OR TEXT ME, JOSEPH AT 248-595-2671.
Based on current rates
Est. 6.75% rate · 30yr fixed · $640 loan
Full calculator →Key facts and listing details
2 categories of property features
Market data and value estimates
2 schools rated nearby
Detroit, MI, 48206
18 years of records
Local context around this listing
Detroit, MI • Wayne County
Nearby neighborhoods
Nearby cities
Nearby zip codes
No obligation · Same-day response