17342 Warrington Drive, Detroit, MI 48221

About this property

A compelling income-producing opportunity in Detroit’s University District, offering extensive renovations, established rental income, and additional value-add potential. Currently occupied, the property features two beautifully renovated primary units, each with an open layout, refinished original hardwood floors, solid wood cabinetry, updated bathrooms including an ensuite bath, and dedicated in-unit laundry hookups. Major improvements include new electrical, plumbing, HVAC, water heaters, windows, and roof. The upper residence also extends to a bonus third-floor en-suite with luxurious bathroom. The lower level has been framed and drywalled with a completed bathroom and separate laundry area, providing an opportunity to further maximize the property. Ideally positioned near the University of Detroit Mercy, Marygrove, Livernois Avenue of Fashion, restaurants, shopping, and continued redevelopment along McNichols. An excellent opportunity to acquire a substantially renovated property with rental income already in place and additional upside. One unit is currently leased at $1,700/month through May 31, while the second is leased at $1,800/month on a month-to-month basis.

Interior

Living area

3,673 sq ft

Appliances

Washer, Refrigerator, Range, Dryer, Dishwasher

Interior features

Basement Partially Finished

Heating

Forced Air

Cooling

Central Air

Fireplace

Yes

Stories

3

Exterior & construction

Garage

1 space

Parking

Detached

Construction

Brick

Roof

Asphalt

Lot size

3,920.4 sq ft

Lot dimensions

38.00 x 100.00

New construction

Yes

Financial

Annual tax

$8,839

Location

More listings in Detroit

Loading similar listings…