Do Real Estate on the Go!
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Do Real Estate on the Go!
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$160,000
3 Beds
- 2 Baths
2 full baths
1,680sqft
5217 Lakeview St, Detroit City Wayne, MI 48213
$160,000
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Multi Family
Built in 1928
$-- HOA
3,920.4 sqft lot
$95/sq.ft
Description
Incredible opportunity on this duplex! Complete remodel in 2024 including a roof & mechanicals and currently houses a tenant in the upper unit @ $1,150 per month with security deposit. Main floor unit will rent for $1,200 per month giving this property a CAP Rate of 14%!! Great location on the East side bordering Grosse Pointe and near St. John's Hospital and I94 expressway. All conveniences within a couple of miles and will accommodate any tenant. This is property makes an incredible investment and would also be perfect for an owner occupant with tenant. Open to all financing, schedule your viewing today.
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1928
HOA Fees
-
Finished Area
1,680 sqft
Lot Size
3,920.4 sqft lot
Basement Area
- sqft
MLS Name
Realcomp MLS
MLS Number
58050200431
MLS Status
Active
Days on Market
3
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