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Rob Young

ryoung@grandrapidshomes.com +1(616) 293-9119

$175,000

Est. payment - /mo

2 Baths

3,484 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20261051308

Year Built 1916

Annual Tax Amount $4,255

Lot Size 3,484 Sqft

Acres 0.08

Lot Dimensions 35X104

Source Realcomp

Property Description

Investment opportunity featuring a well-maintained duplex in a desirable neighborhood with immediate income potential. The upper unit is tenant occupied through April 2027, generating $1,300 per month, while the vacant lower unit offers immediate occupancy for an owner-occupant or the opportunity to lease and maximize cash flow. Both units are approved for Section 8, expanding rental flexibility.Each spacious 3-bedroom, 1-bath unit offers a functional layout with a living room, dining room, and full kitchen. The lower unit includes two refrigerators, and both units enjoy private entrances along with shared access to the basement and attic, providing valuable storage space.A newer gas forced-air furnace, installed approximately 2024, offers added peace of mind. The property is being sold as-is and presents an excellent opportunity for investors looking to expand their portfolio or buyers interested in offsetting their mortgage with rental income.Located in a neighborhood known for its friendly atmosphere and convenient access to local amenities, this duplex offers flexibility, steady income, and long-term investment potential. With one unit already producing rental income and the other ready for immediate use, this property is well-positioned for both seasoned investors and owner-occupants alike.

Location

State MI

County Wayne

Zoning Residential

Direction I-96 Exit 189 W.Grand Blvd-Right Ontow W.Gran-Left On Gd RV-Right

Interior

Heating Forced Air

Cooling Central Air

Exterior

View Y/N No

Building

Lot Description Sidewalk

Water Public

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W14I002928S

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

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Listed by EXP Realty The Perna Team

NEARBY SCHOOL & BUSINESS

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Rob Young

+1(616) 293-9119

Broker Associate | License ID: 6506039987

Broker Associate License ID: 6506039987

4357 W Philadelphia Street Detroit, MI 48204

Rob Young

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

REQUEST INFORMATION or SCHEDULE SHOWING