Incredible Turn-Key Investment Opportunity or House-Hacking Potential! Welcome to this income-generating multifamily property perfectly located just minutes from Downtown Detroit. This well-maintained duplex features two distinct units, providing immediate cash flow. The spacious lower unit offers 2 bedrooms and 1 bathroom, currently renting for $800/mo. The charming upper unit features 1 bedroom and 1 bathroom, currently renting for $750/mo. Both units have substantial value-add potential, with fair market rents in the immediate area averaging $1,000–$1,200 per unit!Major capital improvements have already been done for you, including two brand-new furnaces installed within the last two years, newer updated plumbing, and windows that are only 5 years old. Property features a low-maintenance yard with no garage to maintain. Unbeatable location with quick access to major freeways and local shopping hubs. Don't miss out on adding this Detroit gem to your portfolio!
Listed By
Agency Name: RE/MAX Dream Properties
Agency Phone: (734) 462-3600
Shown By
Agent Name: The Realty Couple
Agent Phone: (734) 506-8841
Agency Title: Key Realty
Estimated Payment
$ 411.98 per month $391.56 Principal & Interest $0.00 Property Tax (data not provided by mls) $20.42 Homeowner's Insurance
14622 Faircrest Street | MLS# 20261036812
This multi-family property located at 14622 Faircrest Street, Detroit, MI 48205 is currently listed for sale with an asking price of $69,999. Faircrest Street is located within the Detroit school district. Search Detroit real estate on www.therealtycouple.com today.