MI > Detroit
Detroit, MI 48213,5500 CHALMERS Street
Detroit, MI 48213,5500 CHALMERS Street
Detroit, MI 48213,5500 CHALMERS Street
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Richard Stewart

Richard Stewart

REAL BROKER Llc

+1(269) 345-7000
$ 114,000
Est. payment | /mo

4 Beds

2 Baths

1,904 SqFt

Save
$ 114,000
Est. payment | /mo
Save

4 Beds

2 Baths

1,904 SqFt

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

Originating Board Realcomp

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

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
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+1(269) 345-7000

richard@2693457000.com

828 Portage St, Kalamazoo, MI, 49001, United States

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5500 CHALMERS Street