$ 110,000
11240 GLENFIELD Street Detroit, MI 48213
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$ 110,000
Est. payment | /mo
2 Baths
5,227 Sqft Lot
$ 110,000
Est. payment | /mo
2 Baths
5,227 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 20240061431
Originating Board Realcomp
Year Built 1948
Annual Tax Amount $2,772
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 50.00 x 107.00
Property Description
Check out this fantastic cash flowing investment property at 11238 Glenfield. A spacious side-by-side duplex offering 1,856 sq ft, with two units each featuring 2 bedrooms, 1 full bath, and separated basements and utilities. Both units are occupied with one long term section 8 tenant and one cash tenant. This provides a strong rent ratio right out the door but offers a value add opportunity with market rents at 900 to 1000 per unit.The property was recently certified with the city of Detroit so the CoC is good until 2027! Professionally managed and ready for a new investor to add to their portfolio.Located in the Gratiot-Findlay neighborhood north of Outer Drive and west of Gratiot and near the City Airport as well as 7 minutes to downtown.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Multi-Family
Direction North Of Outer Drive And West Of Gratiot
Interior
Heating Forced Air
Exterior
Waterfront No
View Y/N No
Building
Sewer Public
Water Public
Structure Type Brick
Others
Tax ID W21I010558S002
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Zest Realty LLC