$175,000
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11171 CHARLEMAGNE ST Detroit, MI 48213
2 Baths
1,598 SqFt
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Sold
Purchase Type For Sale
Square Footage 1,598 sqft
Price per Sqft $109
Subdivision Trombley David Estate No 1
MLS Listing ID 20230022705
Style Bungalow
Full Baths 2
Year Built 1927
Lot Size 3,920 Sqft
Property Sub-Type MultiFamily
Property Description
Investors & "House Hackers" take note! Looking for a fully remodeled multifamily property with high profitable rental potential? Look no further! This newly renovated property features three spacious bedrooms and one bath in each unit, offering tenants plenty of space to call home. With a projected annual income of $36,264, this property offers excellent returns for investors. Section 8 pays $1,511 for each 3 bedroom. That's $3,022 a month! This property is stunning and beautiful. The seller has put much thought and work into it. It is minutes from Mexicantown and Downtown Detroit. This property will need very little maintenance because everything is new. You have a brand new roof, electrical, plumbing, and windows, this fully rehabbed home ensures a low-maintenance investment for years to come. Don't miss out on this turnkey opportunity to own a top-quality multifamily property.
Location
State MI
County Wayne
Area Area05054Det8Togratiothoustonto7
Interior
Heating Forced Air, Natural Gas
Exterior
Parking Features Garage
Pool None
View Y/N No
Building
Foundation Basement, Block
Sewer Public Sewer, Sewer At Street
Water Public, WateratStreet
New Construction No
Schools
High Schools Detroit
School District Detroit
Others
Acceptable Financing Cash, Conventional, FHA, VaLoan
Listing Terms Cash, Conventional, FHA, VaLoan
Special Listing Condition ShortSaleNo, Standard
Pets Allowed Call
Read Less
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