18657 Binder St, Detroit, MI 48234 1978

Description

Look no further than this beautiful 2 unit established rental income Duplex, and an opportunity to expand your investment portfolio. Offered at $141,500, this fully occupied duplex in Hamtramck, currently generates $1,800 in combined monthly rent--$21,600 annually--with an approximate 15.3% gross rental yield before expenses. Each unit features two bedrooms, one full bathroom, a kitchen, living room, and dining room, offering functional layouts across approximately 1,500 square feet. Renovated in 2017, the property includes a covered front porch, enclosed backyard, and an unfinished basement with laundry space. Convenient access to parks, shopping, and major freeways adds to its rental appeal. Tenant occupied; showings require at least 48 hours' advance notice. Buyer and buyer's agent to verify all property information, rental income, and expenses.