Exceptional investment opportunity in desirable Russell Woods! This solid tri-plex offers strong long-term growth potential in one of Detroit’s consistently sought-after rental areas. The property features one spacious 3-bedroom unit (1st floor) and two 1-bedroom units (2nd floor). The 3-bedroom has rented for $1,450/month, while the 1-bedroom units command $800 and $900/month, with potential for even higher rents in today’s market. All units offer two private entrances and separate electric service for added tenant convenience. A common basement provides tenant laundry facilities and additional storage potential. Off-street parking includes a rear parking pad accommodating up to three vehicles. Rental certified with the City of Detroit, this income-producing property is well-positioned for both steady cash flow and future appreciation. A rare opportunity to own a highly desirable tri-plex in Russell Woods!
Listed By
Agency Name: Time Wise Realty Group LLC
Agency Phone: (734) 590-1150
Shown By
Agent Name: The Realty Couple
Agent Phone: (734) 506-8841
Agency Title: Key Realty
Estimated Payment
$ 1,176.49 per month $1,118.18 Principal & Interest $0.00 Property Tax (data not provided by mls) $58.30 Homeowner's Insurance
4059 Tyler Street | MLS# 20261010032
This multi-family property located at 4059 Tyler Street, Detroit, MI 48238 is currently listed for sale with an asking price of $199,900. Tyler Street is located within the Detroit school district. Search Detroit real estate on www.therealtycouple.com today.