Detroit, MI 48227
MLS# 20261067340
INVESTMENT OPPORTUNITY IN DETROIT! This well-maintained Triplex offers rental income with long-term tenants already in place. The property features two 1-bedroom units upstairs and a fully renovated 3-bedroom unit downstairs. Current rents are $775, $745, and $1,100, for a total monthly rental income of $2,620 ($31,440 annually). After current leases expire the rental rates can be raised to the current market rate which are $750-$1000 for 1b1b and $995-$1300 for 3b1b. Opportunity for an investor looking for an income-producing Detroit property with established tenancy and additional potential for future rental growth.
Listed by Arriana Wallace · Howard Homes 4 You LLC
Estimate only — principal & interest, no taxes or insurance. Rates change daily; confirm with your lender.
$910/mo
$36,000 down · $144,000 financed
Loading similar listings…
Listing information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use. Listings are provided courtesy of the participating listing broker. This information is believed accurate but is not warranted and all measurements and calculations are approximate.
19 photosActive15875 Northlawn Street, Detroit, MI 48238
Detroit, MI 48238
5 bd · 2 ba · 1,661 sqft
28 photosActive16527 Griggs Street, Detroit, MI 48221
Detroit, MI 48221
3 bd · 2 ba · 1,436 sqft
20 photosActive18901 Kelly Road, Detroit, MI 48224
Detroit, MI 48224
Commercial · 2,955 sqft