$125,000 for Sale
5500 chalmers, detroit, MI 48213
Beds 4 | Baths 2 | 1,904 Sqft | 0.14 Acres |
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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
Sale Price: $125,000
Price/SqFt: $66
Status: Active
MLS#: 60361008
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
Family Room:
Greatroom:
Dinning Room:
Kitchen:
Livingroom:
Pole Buildings:
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
Tax, Fees & Legal
Est. Summer Taxes: $1,962
Est. Winter Taxes: $107
HOA fees:
Information provided by East Central Association of REALTORS
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Listing By: Hasson Hammoud of U.S. Investor Group, Phone: 313-644-0034