2251-53 Clements Street, Detroit, MI 48238 3454

$75,000
2
BA
2,016
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$75,000
Status
ACTIVE
MLS#
61037868
Days on Market
5
Year Built
1924
Bathrooms
2
Acres
0.10
Living Area
2,016
Municipality
Detroit
Region
Detroit
Township
Detroit
Subdivision
Robert Oakmans Twelfth St

Property Description

Investment opportunity! Income-producing two-family flat featuring upper and lower units, each with two bedrooms, one full bathroom, and a separate entrance. Both units are tenant occupied at $625 per month each, providing $1,250 in total monthly rent and $15,000 in annual gross rental income. Consistent on-time rental payments reported by the property manager. Features include a covered front porch, upper balcony, and basement. The lower-unit lease expires in April 2027, and the upper-unit lease expires in May 2027. Existing rental agreements apply.

Additional Information

Lot Dimensions
35 x 119.32
Heating
Forced Air
Basement
Yes
Basement Description
Exterior Entry
Exterior Features
Balcony
Foundation
Basement
Water
Public
School District
Detroit City School District

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing Courtesy of EXP Realty The Perna Team, Office Phone: 888-501-7085

board logo

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.