$125,000 for Sale
5500 chalmers, detroit, MI 48213
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Property Description
**AMAZING 12% Cap Rate**HIGH ROI**CORNER LOT OPPORTUNITY**TURNKEY INVESTOR GEM located in a prime Detroit location. This ranch-style duplex is a cash flow powerhouse, rented at $800 and $900 per unit, generating a total of $1,700/month. It is priced to sell and offers incredible potential for investors seeking high returns. Start making money from day one! Each unit features well-maintained interiors and reliable tenants in place. Situated on a corner lot, the property boasts excellent curb appeal and easy access to local amenities. Low maintenance and high-performing, this is an opportunity you don't want to miss. This turnkey property is professionally managed, allowing you to sit back and enjoy the passive income. Clean title, warranty deed, and title insurance provided. Tenant ledger available upon request.
General Information
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: sefton park sub
Acres: 0.14
Lot Dimensions: 40.00 x 150.00
Bedrooms:4
Bathrooms:2 (2 full, 0 half)
House Size: 1,904 sq.ft.
Acreage: 0.14 est.
Year Built: 1951
Property Type: Single Family
Style: Ranch
Features & Room Sizes
Bedroom 1: 10x10
Bedroom 2 : 10x12
Bedroom 3: 10x10
Bedroom 4: 10x10
Paved Road: Paved Street
Garage: No Garage
Garage Description: Detached Garage
Exterior: Brick
Bedroom 2 : 10x12
Bedroom 3: 10x10
Bedroom 4: 10x10
Paved Road: Paved Street
Garage: No Garage
Garage Description: Detached Garage
Exterior: Brick
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Public Sanitary
Watersource: Public Water
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Public Sanitary
Watersource: Public Water
Tax, Fees & Legal
Est. Summer Taxes: $1,962
Est. Winter Taxes: $107
Est. Winter Taxes: $107
Map
Information provided by East Central Association of REALTORS® Copyright 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Hasson Hammoud of U.S. Investor Group, Phone: 313-644-0034
(810) 714-6107
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Listings Presented by:
Rod Crain
|
This Single-Family Home located at
is currently for sale. This property is listed for $125,000.
5500 chalmers
has 4 bedrooms, approximately 1,904 square feet.
This home is in the detroit city school district school district and has a lot size of 40.00 x 150.00 with 0.14 acres and was built in 1951.
5500 chalmers is in detroit and in ZIP Code 48213 area.
5500 chalmers, detroit MI, 48213
For Sale | $125,000
| 4 Bed, 2 Bath | 1,904 Sq Ft
MLS ID rcomi60361008
If you have any question about this property or any others, please don't hesitate to contact me.