5500 Chalmers Street new Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48213 3731
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,951 sqft
Price per Sqft $61
Subdivision Mi
MLS Listing ID 60920981
Style 1 Story
Full Baths 2
Year Built 1951
Annual Tax Amount $4,058
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 40X150
Property Sub-Type Multi-Family
Property Description
Turnkey Investor Gem in Prime Detroit Location! This ranch-style duplex is a cash-flow powerhouse - one unit is currently rented at $900/month, with the second unit ready to lease for the same, bringing total potential income to $1,800/month. Priced to sell, this low-maintenance property offers strong returns from day one. Both units feature updated interiors, with one already occupied by a reliable tenant. Located on a corner lot, the property has great curb appeal and convenient access to local amenities. Professionally managed for truly passive income. Tenant ledger available upon request. Don't miss this high-performing investment opportunity!
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Residential
Rooms
Basement Block
Interior
Heating Forced Air
Fireplace No
Exterior
Exterior Feature Brick
Building
Story 1 Story
Foundation Basement
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional