MLS # 20261033496 (Realcomp)

Turnkey investment opportunity in a PRIME Southwest Detroit location! Fully renovated duplex situated near the highly sought-after Vernor & Springwells corridor. Both 2 bed / 1 bath units are tenant occupied and generating a combined $2,400/month in rental income, offering immediate cash flow from day one.Renovations have already been completed, with everything brand new, making this a low-maintenance, income-producing asset ideal for any investor’s portfolio. Certificate of Compliance is complete for added peace of mind. Located in a strong rental market with ongoing area growth and future upside potential, including room for rental increases. Please do not disturb tenants.
Source: SparkMLS
This 2-bath home built in 1916 sits in Springwells in Detroit.
Listed at $185,000.
Estimated annual property tax: $3,293, or about $274 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
N WHITTAKER 77 CROSMANS SUB L16 P93 PLATS, WCR 20/183 30 X 100
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Shawn R Arnaout
@properties Christie's Int'l R E Rochester
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
8052-8056 Whittaker Street, Detroit, MI 48209
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Neighborhood
Springwells
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Community
Detroit
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County
Wayne County
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