5217 Lakeview Street, Detroit, MI 48213 3719

$176,900
2
BA
1,680
SqFt

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List Price
$176,900
Status
ACTIVE
MLS#
61008849
Days on Market
105
Style
Bungalow
Year Built
1928
Price Change
▼ $8,000 1787702954
Bathrooms
2
Acres
0.09
Living Area
1,680
Municipality
Detroit
Region
Detroit
Township
Detroit
Subdivision
Plat Of Alfred F Steiners Park Sub

Property Description

Attention Investors! Savvy real estate investors understand that long-term appreciation often follows major public and private investment. This recently renovated duplex is ideally situated just steps from the 200-acre Chandler Park, which is home to the 14 Million Chandler Park Fieldhouse, and near the transformative redevelopment of the 52-acre Villages at Parkside community, where Detroit Housing has partnered on a significant neighborhood revitalization project. Extensively updated both inside and out, this turnkey, low-maintenance duplex offers an outstanding opportunity to enter or expand your portfolio in one of Detroit's emerging investment corridors. With the major improvements already completed, you can avoid costly renovations and begin generating rental income immediately while positioning yourself to benefit from the area's continued growth and redevelopment. Whether you're a first-time investor or an experienced landlord, this income-producing property offers strong upside potential in a rapidly evolving market. Currently generating $2400/mo in gross income. Requires an accepted offer prior to any showings.

Additional Information

Lot Dimensions
40 x 101.5
Heating
Forced Air
Basement
Yes
Basement Description
Block
Appliances
Gas Water Heater
Sewer
Public At Street
Foundation
Basement
Water
Public, Public Water at Street
School District
Detroit City School District

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Listing Courtesy of EXP Realty Main, Office Phone: 888-501-7085

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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.