5074 Chalmers Street new

Detroit,MI 48213

$ 125000

3 Beds

2 Baths

1912 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,912 sqft

Price per Sqft $65

Subdivision Mi

MLS Listing ID 50187659

Style 2 Story

Bedrooms 3

Full Baths 2

Year Built 1941

Annual Tax Amount $2,791

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 40X110

Property Sub-Type Multi-Family

Property Description

Cash flowing investment opportunity! This duplex is fully updated and ready for its next investor. Both units feature fresh, modern renovations throughout, making this property truly turn key. Upper Unit: Vacant and move-in ready, offering 1 spacious bedroom with contemporary updates. Lower Unit: Currently tenant-occupied, featuring 2 bedrooms and generating $1,170/month in rent. With incredible Section 8 rental potential, this property could generate over $2,500/month+ in rental income! Perfectly located just blocks away from the exciting new Chandler Park development and sports dome, this property combines strong returns with a prime location. Whether you're expanding your portfolio or stepping into your first investment, this duplex is a must-see!

Location

State MI

County Wayne

Area Detroit (82001)

Rooms

Basement Block,Full

Interior

Heating Forced Air

Cooling Ceiling Fan(s)

Fireplace No

Building

Story 2 Story

Foundation Basement

Water Public Water

Schools

School District Detroit City School District

Others

Ownership LLC

SqFt Source Realist

Energy Description Natural Gas

Financing Cash,Conventional,FHA,VA

View More
Favorite Go Tour