15361 SORRENTO Street Active

Detroit,MI 48227

$ 159900

3 Beds

3 Baths

2116 SqFt


Key Details

Property Type Multi-Family

Sub Type Common Entry Building

Listing Status Active

Purchase Type For Sale

Square Footage 2,116 sqft

Price per Sqft $75

Subdivision College Crest Sub No 1(Plats)

MLS Listing ID 20250001864

Style Common Entry Building

Bedrooms 3

Full Baths 3

Year Built 1929

Annual Tax Amount $2,314

Lot Size 4,791 Sqft

Property Sub-Type Common Entry Building

Property Description

**INVESTORS & HOUSE-HACKERS** This rare 3-unit property offers you a terrific opportunity to either grow your rental portfolio or house-hack your way to financial freedom! The property features a two bedroom unit on the 1st floor that is rented to an EXCELLENT long-term tenant @ $625/month, and on the 2nd floor are 2 one bedroom units, one of which is vacant and the other is rented @ $700/month! Both tenants are month-to-month. Gas and electric utilities are split, owner pays for water. All units have newer forced air furnaces and 2 of the 3 HWTs are newer! The property also features a 3-tab shingle roof, all vinyl windows, updated kitchens & bathrooms, updated 100 amp electrical panels, some updated romex wiring, and 2 separate entrances for each unit, this property is ready to be a cash-flow machine! Market rents for the 2 bedroom unit are as high as $1,000/month and as high as $800/month for the 1 bedroom units! NO SELLER FINANCING. FHA OR VA ONLY AT NO COST TO THE SELLER.

Location

State MI

County Wayne

Area Det 6-Tire - Grnfld - Livernois

Zoning Multi-Family

Interior

Hot Water Natural Gas

Heating Forced Air

Laundry 1

Exterior

Roof Type Asphalt

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary),Sewer at Street

Water Public (Municipal),Water at Street

Structure Type Brick

Schools

School District Detroit

Others

Assessment Amount $250

Acceptable Financing Cash,Conventional,FHA,VA,Warranty Deed

Listing Terms Cash,Conventional,FHA,VA,Warranty Deed

View More
Favorite Go Tour