Detroit, MI 48202,553 Belmont ST
Detroit, MI 48202,553 Belmont ST
Detroit, MI 48202,553 Belmont ST
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$350,000
Est. payment /mo
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2 Baths
2,204 SqFt
Active

553 Belmont ST Detroit, MI 48202

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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

Rooms

Basement Unfinished

Interior

Heating ForcedAir, NaturalGas

Exterior

Pool None

View Y/N No

Garage false

Building

Foundation Basement, Poured

Sewer PublicSewer

Water Public

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Conventional, FHA, VaLoan

Listing Terms Cash, Conventional, FHA, VaLoan

Special Listing Condition ShortSaleNo, Standard


Realcomp MLS
Listed by Sotero M Lopez II of EXP Realty Main

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Ron Otto

Ron Otto

Agent | License ID: 6501430575

+1(989) 370-1245

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553 Belmont ST