5271 DREXEL ST Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48213
$ 145000
- Bed
2 Baths
1892 SqFt
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Rent
Square Footage 1,892 sqft
Subdivision Parkside Manor
MLS Listing ID 20240041859
Style Duplex
Full Baths 2
Year Built 1928
Property Sub-Type MultiFamily
Property Description
Exceptional Investment Opportunity in a Thriving Neighborhood!!!Seize the chance to own a cash-generating duplex in one of the most progressive and up-and-coming areas. This fully occupied property, currently home to long-term tenants on month-to-month leases, guarantees immediate cash flow with the potential for continued occupancy.
There are many property highlights that would catch the eye of any savvy investor.
This duplex has modern upgrades each unit has been recently updated in 2024, showcasing sleek, modern bathrooms and kitchens that enhance both aesthetic appeal and functionality.
Enjoy the contemporary flair with newer kitchen cabinets that blend style and efficiency seamlessly.
Rich hardwood floors grace both units, offering a perfect mix of durability and timeless beauty.
This duplex represents an ideal entry point for new investors looking to dive into the real estate market, providing a manageable and lucrative opportunity from day one. For seasoned investors, the potential for impressive returns (ROI) is available in a rapidly growing market.
**Important Note:** Please respect tenant privacy. DO NOT DISTURB OR APPROACH TENANTS. Adhering to tenant rights is crucial and in compliance with leasing laws.
Location
State MI
County Wayne
Area Area05055Detconmorsgrathstn7Mack
Interior
Heating HotWater, NaturalGas
Exterior
Exterior Feature Balcony
Pool None
Utilities Available CableAvailable
View Y/N No
Roof Type Asphalt
Building
Foundation Basement, Block
Sewer PublicSewer
Water Public
Schools
School District Detroit
Others
Acceptable Financing Cash, Contract, Conventional, FHA, FHA203K, WarrantyDeed
Listing Terms Cash, Contract, Conventional, FHA, FHA203K, WarrantyDeed
Special Listing Condition ShortSaleNo, Standard