4652-4654 Haverhill St, Detroit, MI 48224

Description

This well-maintained, fully tenanted duplex in a prime area of Detroit’s east side has been optimized as an investment asset for Detroit’s evolving rental market, with professional management, high-standard maintenance and tenants in good standing with Section 8 leases.

The upper and lower units both have three bedrooms, charming details and spacious, well-proportioned rooms. Residents enjoy garage access, a divided basement with laundry, updated appliances and attractive finishes. Renovations include major expenses like furnace and water heaters. The roof is comfortably within its life expectancy; the exterior and concrete work are well maintained; and all the windows have been upgraded to Pella windows with aluminum trim. The attic is easily accessible, making it ideal for on-site owner storage or future expansion. Outside, a tidy yard and solid two-car garage offer additional tenant amenities.

Located in Morningside, a neighborhood known for its charming yesteryear character, established rental market and proximity to shopping, highway access and the ongoing economic development along the East Warren Streetscape Initiative. An attractive opportunity for investors seeking a long-term hold with stable cashflow, the property is optimized for ongoing rental licensing and Section 8 approval to help avoid administrative hassle as the city implements its new rental compliance initiative. Showings are gladly accommodated with a contingent offer.