5106 DEVONSHIRE Road Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48224
Key Details
Property Type Multi-Family
Sub Type Colonial
Listing Status Active
Purchase Type For Sale
Square Footage 2,194 sqft
Price per Sqft $95
Subdivision East Detroit Development Cos Sub No 2 (Plats)
MLS Listing ID 20251031607
Style Colonial
Bedrooms 2
Full Baths 2
Year Built 1929
Annual Tax Amount $4,978
Lot Size 4,791 Sqft
Property Sub-Type Colonial
Property Description
2-Family Income Property | Morningside Near Grosse Pointe. Updated Duplex with Cash Flow & Strong Upside. Solid income stream. 2 Units | Each 2 Bed / 1 Bath. Upper Unit is rented. One unit renovated: granite countertop, stainless appliances, recessed lighting, restored hardwoods. Updated bathroom, LVP kitchen flooring, and fresh paint throughout. Current rent: $1,348/month. Big-ticket updates already completed in 2023: New roof, windows, gutters, new furnace (upstairs) + boiler (downstairs). New water heaters, new porch, steps and railing. New storm and security door. Security system + CCTV. Separate gas & electric meters per unit. Shared water line (common setup in Detroit) One unit on a dedicated furnace; one unit on a boiler system. Morningside District – borders East English Village & Grosse Pointe. Strong rental demand & long-term appreciation potential. Rental income is projected to include future rent in lower unit. Pre-approved/Proof of funds Buyers only. Information is estimated. 24 hour notice to show.
Ideal for house hackers, BRRRR investors, or long-term landlords. Net annual amount is estimated.
Location
State MI
County Wayne
Area Det Con-Mors/Grat. Hstn/7 Mack
Zoning Residential
Interior
Heating Forced Air,Hot Water
Exterior
Exterior Feature Lighting
Building
Foundation Basement
Sewer Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick
Schools
School District Detroit
Others
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA