Updated: Aug 25
Multifamily Investment Opportunity
3 units / 3 Bedrooms 3 bathrooms - 1580 SF
Welcome to your next investment opportunity on Detroit's west side! This fantastic 3-unit multifamily property offers a promising venture for savvy investors seeking potential rental income and future appreciation.
Each unit features a comfortable and practical layout, boasting 1 bedroom and 1 bathroom, ensuring a cozy living space for tenants. With a total square footage of 1580, there's ample room for all three units to thrive.
Currently, one unit is already generating income, with a reliable tenant paying $800 per month, offering immediate cash flow. As for the remaining two units, they present an exciting opportunity for you to make your mark. A bit of rehab work is required, but fear not, as the size of these units ensures that the renovation costs will be minimal, maximizing your potential return on investment.
Located on Detroit's west side, this property sits in an area with significant potential for growth and development. As Detroit continues its revitalization, this investment is strategically priced to sell, ensuring you secure an attractive deal in today's competitive real estate market.
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"Your #1 Source for Off Market Investment Properties, NATIONWIDE"
PROMISE LAND REALTY, LLC
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*