See all 45 photos
$200,000
Est. payment /mo
2 Baths
3,920 Sqft Lot
New
5378 Vancouver Street Detroit, MI 48204
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261059759
Year Built 1916
Annual Tax Amount $2,818
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 30X136.63
Source Realcomp
Property Description
Well-maintained all-brick upper and lower unit multifamily offering an excellent investment opportunity with immediate income potential. Recent updates include a completely redone HVAC system and plumbing, new soffit, and more. The upper unit is currently tenant occupied on a month-to-month lease, while the lower unit was previously leased but is vacant and ready for its next occupant or tenant. Both units offer clean, spacious interiors with functional layouts. Owner currently pays water; tenants are responsible for gas and electric. The vacant lower unit is available for showings. A flexible opportunity for investors or owner-occupants seeking rental income potential. The property is a duplex, upper unit is currently being leased section 8 at 1,264 a month on a month to month lease. Lower unit was previously rented at 1160 per month with room to increase rents . Owner is paying water, tenant is paying gas/electric.
Location
State MI
County Wayne
Zoning Residential
Direction Vancouver & Northfield
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W16I002860S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Keller Williams Somerset
NEARBY SCHOOL & BUSINESS
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