Turnkey 4-unit multifamily property located in a quiet, well-kept neighborhood of Detroit. The building features recently renovated units and is move-in ready, making it an ideal hands-off investment. Three of the four units are currently occupied by long-term tenants, generating $3,200 per month in gross rental income, with the fourth unit vacant and ready to lease, offering immediate upside. The current tenant mix includes two Section 8 tenants and one market-rate cash tenant, providing both stability and flexibility. This property offers consistent cash flow, minimal deferred maintenance, and strong tenant retention in a desirable rental area. A solid opportunity for investors seeking a true turnkey asset with room to increase returns. Vacant unit is available for showings. All other units will be available with an accepted offer. For more information please contact Jermaine.
Listing Courtesy of REMAX City Centre, Office Phone: 313-528-3002
Selling Office: LPS.
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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.