Detroit, MI 48213,5500 Chalmers Street

$120,000

Est. payment /mo
Est.Price: ?

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5500 Chalmers Street Detroit, MI 48213

2 Beds

2 Baths

1,951 SqFt

SOLD DATE : 09/30/2025

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,951 sqft

Price per Sqft $57

Subdivision Sefton Park Sub

MLS Listing ID 20251019871

Style Duplex

Bedrooms 2

Full Baths 2

Year Built 1951

Annual Tax Amount $4,058

Lot Size 6,098 Sqft

Property Sub-Type Duplex

Property Description

Turnkey Investor Gem in Prime Detroit Location!
This ranch-style duplex is a cash-flow powerhouse—one unit is currently rented at $900/month, with the second unit ready to lease for the same, bringing total potential income to $1,800/month. Priced to sell, this low-maintenance property offers strong returns from day one.

Both units feature updated interiors, with one already occupied by a reliable tenant. Located on a corner lot, the property has great curb appeal and convenient access to local amenities. Professionally managed for truly passive income.

Tenant ledger available upon request. Don't miss this high-performing investment opportunity!

Location

State MI

County Wayne

Area Det Con-Mors/Grat. Hstn/7 Mack

Zoning Residential

Interior

Heating Forced Air

Exterior

Exterior Feature Fenced

Building

Foundation Basement

Sewer Sewer (Sewer-Sanitary), Separate Meters

Water Separate Meters

Structure Type Block,Brick

Schools

School District Detroit

Others

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

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Realcomp MLS
Listed by Damian Hickman of EXP Realty Main
Bought with EXP Realty Main
Realtyflo Inc

Realtyflo Inc

Brokerage | License ID: 6505386963

+1(313) 466-7253

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