Detroit, MI 48213,5271 DREXEL ST
Detroit, MI 48213,5271 DREXEL ST
Detroit, MI 48213,5271 DREXEL ST
20
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$145,000
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2 Baths
1,892 SqFt
Active

5271 DREXEL ST Detroit, MI 48213

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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

Rooms

Basement Full, Unfinished

Interior

Heating HotWater, NaturalGas

Exterior

Exterior Feature Balcony

Pool None

Utilities Available CableAvailable

View Y/N No

Roof Type Asphalt

Garage false

Building

Foundation Basement, Block

Sewer PublicSewer

Water Public

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Contract, Conventional, FHA, FHA203K, WarrantyDeed

Listing Terms Cash, Contract, Conventional, FHA, FHA203K, WarrantyDeed

Special Listing Condition ShortSaleNo, Standard


Realcomp MLS
Listed by Adrienne Ponce of EXP Realty Main

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Ron Otto

Ron Otto

Agent | License ID: 6501430575

+1(989) 370-1245

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5271 DREXEL ST