This property is a fantastic investment opportunity. Both units are currently occupied, with the upper unit being a long term tenant. Room for future rental increases with small upgrades. Located in Southwest Detroit, an area that is currently undergoing significant investment, particularly with the ongoing development of the Gordie Howe Bridge. This property offers a rare chance that you shouldn't miss out on.
The lower unit has received several recent updates, including newer flooring, tub, doors, electric panels, hot water tank and a freshly painted basement, among other improvements. This duplex is made of brick, ensuring durability and low maintenance.
The property's location is highly desirable, and it holds excellent rental potential. You can choose to keep it as a cash-flowing rental property or live in one unit while renting out the other, which is known as "house hacking." The possibilities with this property are numerous.
Each unit in the duplex consists of two bedrooms and a bathroom. Additionally, the purchase includes half of lot 131, which is perfect for extra parking or a tenant common area. Please note that the property is being sold as-is, and the buyer will assume any necessary municipal inspections and repairs.
It's important to mention that all data and measurements provided are approximate and not guaranteed. The buyer should verify all information and data independently. Lastly, please refrain from approaching or disturbing the current tenants.
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