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5106 DEVONSHIRE Road Detroit, MI 48224 3231
2 Baths
2,194 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,194 sqft
Price per Sqft $95
Subdivision Mi
MLS Listing ID 60932274
Style 2 Story
Full Baths 2
Year Built 1929
Annual Tax Amount $4,978
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 40.00 x 114.00
Property Sub-Type Multi-Family
Property Description
2-Family Income Property | Morningside Near Grosse Pointe. Updated Duplex with Cash Flow & Strong Upside. Solid income stream. 2 Units | Each 2 Bed / 1 Bath. Upper Unit is rented. One unit renovated: granite countertop, stainless appliances, recessed lighting, restored hardwoods. Updated bathroom, LVP kitchen flooring, and fresh paint throughout. Current rent: $1,348/month. Big-ticket updates already completed in 2023: New roof, windows, gutters, new furnace (upstairs) + boiler (downstairs). New water heaters, new porch, steps and railing. New storm and security door. Security system + CCTV. Separate gas & electric meters per unit. Shared water line (common setup in Detroit) One unit on a dedicated furnace; one unit on a boiler system. Morningside District – borders East English Village & Grosse Pointe. Strong rental demand & long-term appreciation potential. Rental income is projected to include future rent in lower unit. Pre-approved/Proof of funds Buyers only. Information is estimated. 24 hour notice to show. Ideal for house hackers, BRRRR investors, or long-term landlords. Net annual amount is estimated.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Residential
Rooms
Basement Block
Interior
Heating Forced Air, Hot Water
Fireplace No
Exterior
Exterior Feature Brick
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional,FHA
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by National Realty Centers, Inc