Excellent opportunity to own a cash-flowing duplex in an increasingly popular Detroit neighborhood! Lower unit is currently rented for $650 (long-term tenant is current on rent). Upper unit (pictured) has been cleared out and is in need of light rehab. Once completed, the upper unit could easily be rented for $750. Property currently being managed by a reputable management company which can continue if the new owner wishes. Management company can quote and manage the rehab as well if desired. Basement is shared but can be split. 2 furnaces, 2 hot water heaters, separately metered. Great for out-of-state investor! Roof and siding are in great shape. Cashflow from day 1 with a great up-side.
Warranty Deed at closing. BATVAI. Agent is Owner. Licensed real estate agent to accompany ALL showings! **No showings in lower unit until an offer is accepted. Do not disturb tenant** Buyer to pay $495 compliance fee payable to Empire Realty Group.
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