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$ 114,000
Est. payment /mo
Active
5500 CHALMERS Street Detroit, MI 48213
4 Beds
2 Baths
1,904 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,904 sqft
Price per Sqft $59
MLS Listing ID 20240091996
Bedrooms 4
Full Baths 2
Year Built 1951
Annual Tax Amount $2,069
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 40.00 x 150.00
Property Sub-Type Single Family Residence
Source Realcomp
Property Description
**AMAZING 12% Cap Rate**HIGH ROI**CORNER LOT OPPORTUNITY**TURNKEY INVESTOR GEM located in a prime Detroit location. This ranch-style duplex is a cash flow powerhouse, rented at $800 and $900 per unit, generating a total of $1,700/month. It is priced to sell and offers incredible potential for investors seeking high returns. Start making money from day one!Each unit features well-maintained interiors and reliable tenants in place. Situated on a corner lot, the property boasts excellent curb appeal and easy access to local amenities. Low maintenance and high-performing, this is an opportunity you don't want to miss.This turnkey property is professionally managed, allowing you to sit back and enjoy the passive income. Clean title, warranty deed, and title insurance provided. Tenant ledger available upon request.
Location
State MI
County Wayne
Area Wayne County - 100
Direction S of 94 fwy
Interior
Heating Forced Air
Exterior
Parking Features Detached
View Y/N No
Garage No
Building
Story 1
Sewer Public
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W21I055433S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by U.S. Investor Group