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+15868545396
Community Choice Realty
1501 Glynn Court, Detroit, MI 48206 1772
- $515,000
- 4
- BA
- 3,800
- SqFt
- List Price
- $515,000
- Status
- ACTIVE
- MLS#
- 61043886
- Days on Market
- 1
- Year Built
- 1925
- Bathrooms
- 4
- Acres
- 0.17
- Living Area
- 3,800
- Municipality
- Detroit
- Region
- Detroit
- Township
- Detroit
- Subdivision
- Williams Sub Of Lts 13 & 20
Property Description
Discover this beautifully rehabbed brick 4-Unit Investment Opportunity in the heart of Detroit! Welcome to 1501 Glynn Ct, an extensively updated quadplex offering an excellent opportunity for investors and owner-occupants alike. Each of the four spacious units features 2 bedrooms and 1 full bathroom, providing a total of 8 bedrooms and 4 bathrooms throughout the property. Utilities are separately metered. Major improvements were made from top to bottom including a brand-new roof, windows, plumbing, and electrical systems, helping minimize future maintenance expenses. Each unit features brand new vinyl plank flooring throughout, updated bathrooms, and modern kitchens complete with quartz countertops and stainless steel appliances. With estimated market rents of $1,300-$1,400 per unit, the property offers a potential gross rental income of $5,200-$5,600 per month, or $62,400-$67,200 annually at full occupancy. An excellent opportunity for investors seeking a turnkey addition to their buy-and-hold portfolio or owner-occupants looking to house hack by living in one unit while renting out the remaining three. This property is located in a Neighborhood Enterprise Zone (NEZ) and may qualify for tax benefits. Ideally located near the historic Boston-Edison neighborhood, within walking distance of The Congregation, and just a short drive from Downtown Detroit, offering convenient access to dining, entertainment, and local amenities. Don't miss your opportunity to be a part of Detroit's revitalization and own a fully renovated multifamily property in a great location!
Additional Information
- Lot Dimensions
- 62 x 117
- Heating
- Forced Air
- Sewer
- Public At Street
- Foundation
- Basement
- Water
- Public
- School District
- Detroit City School District
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Listing Courtesy of Clyde Realty LLC, Office Phone: 313-949-7191
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.