This well-maintained, fully tenanted duplex in a prime area of Detroit's east side has been optimized as an investment asset for Detroit's evolving rental market, with professional management, high-standard maintenance and tenants in good standing with Section 8 leases. The upper and lower units both have three bedrooms, charming details and spacious, well-proportioned rooms. Residents enjoy garage access, a divided basement with laundry, updated appliances and attractive finishes. Renovations include major expenses like furnace and water heaters. The roof is comfortably within its life expectancy; the exterior and concrete work are well maintained; and all the windows have been upgraded to Pella windows with aluminum trim. The attic is easily accessible, making it ideal for on-site owner storage or future expansion. Outside, a tidy yard and solid two-car garage offer additional tenant amenities. Located in Morningside, a neighborhood known for its charming yesteryear character, established rental market and proximity to shopping, highway access and the ongoing economic development along the East Warren Streetscape Initiative. An attractive opportunity for investors seeking a long-term hold with stable cashflow, the property is optimized for ongoing rental licensing and Section 8 approval to help avoid administrative hassle as the city implements its new rental compliance initiative. Showings are gladly accommodated with a contingent offer.
Listing Courtesy of O'Connor Realty Detroit, LLC, Office Phone: 313-963-9891

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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.