UPDATED:
Key Details
Property Type Single Family Home
Sub Type SingleFamilyResidence
Listing Status Active
Purchase Type For Sale
Square Footage 1,894 sqft
Price per Sqft $71
Subdivision Magruder Park
MLS Listing ID 20251059951
Style Colonial
Bedrooms 4
Full Baths 2
Year Built 1928
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type SingleFamilyResidence
Property Description
Income-producing duplex already Section 8 approved, with each unit currently approved for $1,000 per month in rental income. Strong cash-flow opportunity with reliable government-backed rent, making this an ideal addition to any investor's portfolio. Separate units offer consistent demand and long-term stability. Perfect for investors seeking immediate, proven income.
Each floor features a spacious layout with a living room w fireplace, dining room, 2 bedrooms, and 1 full bath. The property has vinyl windows and a newer roof. Utilities are separately metered, including separate gas and electrical meters, making management and operating costs efficient.
The property also includes a detached 2-car garage, adding convenience and rental appeal. This is a legal duplex, but the layout also allows the property to be converted to a single-family home if desired.
Conveniently located near major roads, public transportation, schools, parks, and shopping.
A rare opportunity to acquire a vacant, appraised property with multiple exit strategies in a growing Detroit neighborhood.
Location
State MI
County Wayne
Area Area05032Det6To8Grnfldtolimits
Rooms
Basement Unfinished
Entry Level, 8 X 9 Bedroom
Second Level, 9 X 8 Bedroom
Second Level, 12 X 10 PrimaryBedroom
Entry Level, 12 X 10 PrimaryBedroom
Entry Level, 8 X 7 BathFull
Second Level, 8 X 7 BathFull
Interior
Heating Forced Air, Natural Gas
Fireplaces Type LivingRoom
Fireplace Yes
Exterior
Parking Features TwoCarGarage, Detached
Garage Spaces 2.0
Pool None
View Y/N No
Garage true
Building
Foundation Basement, Poured
Sewer Public Sewer
Water Public
New Construction No
Schools
High Schools Detroit
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition AgentOwned, ShortSaleNo
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