MLS # 20261047019 (Realcomp)

Turnkey investment opportunity! Solid all-brick side-by-side duplex featuring two 1-bedroom, 1-bath units. Both units are tenant occupied and generating a combined $1,900 per month in rental income. Separate entrances provide privacy and convenience for tenants. A great addition to any rental portfolio with immediate cash flow and low-maintenance brick construction. Do not disturb tenants. Buyer to verify all information. Tenant on the left is an awesome long-term Section 8 tenant $1050. Tenant on the right is a cash tenant $850. Showings only after accepted offer.
Source: SparkMLS
Located in East Riverside in Detroit, this property offers 2-bath, with original construction dating to 1958.
Currently offered at $149,000.
Estimated annual property tax: $680, or about $57 monthly. Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: Public Records
Legal Description
E MARQUETTE DR 26 MARQUETTE PARK SUB L37 P80 PLATS, W C R 21/418 50 X 104.09A
FEMA Flood Zone: Zone AE — 100-year floodplain
Flood insurance required for federally backed mortgages
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by David Rabior
Clyde Realty LLC
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
564 Marquette Drive, Detroit, MI 48214
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Neighborhood
East Riverside
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Community
Detroit
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County
Wayne County
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