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Detroit Portfolio of 3 Multi-Family and a SFH



$449,900

SOLD

See Below for Full List of Addresses

Detroit, MI

  • Property Addresses:
    17150 Santa Rosa Dr.: Duplex
    17144 Santa Rosa Dr.: Duplex
    7621 W Parkway St.: SFH
    5227 Devonshire Rd.: Duplex
  • Don't miss this opportunity! Detroit is HOT!!!
  • Just close and start collecting rents!
  • All units are rented and fully remodeled!
  • All tenants are on leases.
  • Property Breakdown:
    17144 Santa Rosa Dr.: Property is 2,223 sq.ft. Currently rented for $1,600. Lower unit rented for $850 and upper unit rented for $750.
    17150 Santa Rosa Dr.: Property is 1,159 sq.ft. Currently rented for $1,400. Lower unit rented for $650 and upper unit rented for $750.
    7621 W Parkway St: Property is a 900 sq.ft., 3/2, single family home. Currently rented for $1,400. Lower unit rented for $650 and upper unit rented for $750.
    5227 Devonshire Rd: Property is a 2,285 sq.ft., 4/2, Currently the bottom unit is paying $800 per month and the top unit is paying $500 per month.

Documents

 
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  • Sale Comps $515K - $525K
  • Rental Comps $5,150 - $5,250
  • Property Type Residential
  • Location Detroit, MI 48224
  • Size 4275 sq. ft.
  • Bedrooms 16
  • Bathrooms 8
  • TAV 185K
  • Annual Taxes $6,068
  • Year Built Multi

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