Buy & Hold (Multifamily): 15930 Monica St Detroit, MI 48238 + UNAVAILABLE
- May 1, 2023
- 1 min read
Updated: Jan 20, 2024
Multifamily Investment Opportunity
3 Bed 2 bath
1731 Sq. Ft
Price
$50,000
Welcome to this amazing duplex located in the popular Fitzgerald neighborhood on Detroit's westside. This income-generating property is perfect for investors looking for a turnkey opportunity, as it is already occupied by long-term tenants.
The duplex features a spacious 2-bedroom, 1-bathroom unit on the bottom floor, while the top floor offers a cozy 1-bedroom, 1-bathroom unit. With two separate living spaces, this property provides an excellent opportunity for an investor to generate rental income from multiple sources.
The location of this duplex is also a huge advantage. The Fitzgerald neighborhood is known for its vibrant community and excellent amenities, including restaurants, shops, and entertainment venues. The property is also conveniently located less than half a mile from recently sold comps, giving it an estimated after repair value of $120,000.
Investors will be thrilled with the prospect of owning this property, as it offers both immediate rental income and long-term appreciation potential. Don't miss out on this opportunity to invest in one of Detroit's most popular neighborhoods. Schedule a showing today! Please submit all offers directly to sarter@promiselandrealtyllc.com
Property Photos:
Property Comps:
"Your #1 Source for Discounted Off Market Investment Properties, NATIONWIDE"
PROMISE LAND REALTY, LLC
Work: 864-762-2509
All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. You do NOT HAVE PERMISSION to market this property WITHOUT EXPRESSED WRITTEN CONSENT. Proof of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. *Realtors add your fee on top*
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