553 Belmont ST Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48202
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 2,204 sqft
Price per Sqft $158
Subdivision Moore Hodges & Warrens Sub
MLS Listing ID 20251013568
Style Colonial
Full Baths 2
Year Built 1910
Property Sub-Type MultiFamily
Property Description
THIS PROPERTY HAS BEEN APPRAISED FOR $350,000 WE CAN EMAIL YOU THE REPORT.
Discover this beautifully renovated multifamily home in the heart of Detroit!
This spacious property features two separate units, each offering 2 comfortable bedrooms and 1 full bathroom, making it an excellent option for multi-generational living, house hacking, or a solid investment opportunity. Both units have been recently remodeled, featuring fresh paint, updated flooring, and modern finishes throughout, creating a warm and inviting atmosphere. The kitchens are functional and stylish, perfect for everyday living or tenant use. As an investment property you can generate $1500 per month per unit. That's $36,000 gross annually! Whether you're looking to live in one unit and rent the other, or simply add a turnkey rental property to your portfolio, this home offers flexibility and income potential. Located in a growing area of Detroit, you'll be close to shopping, schools, public transportation, and major roadways, everything you need is just minutes away. Don't miss this incredible chance to own a beautifully updated duplex in a city full of opportunity. Schedule your showing today! This property has an alarm and is being monitored and recorded via camera system.
Location
State MI
County Wayne
Area Area05043Detlivernoisi756Gdriver
Interior
Heating ForcedAir, NaturalGas
Exterior
Pool None
View Y/N No
Building
Foundation Basement, Poured
Sewer PublicSewer
Water Public
Schools
School District Detroit
Others
Acceptable Financing Cash, Conventional, FHA, VaLoan
Listing Terms Cash, Conventional, FHA, VaLoan
Special Listing Condition ShortSaleNo, Standard