14622 Faircrest Street, Detroit, Michigan 48205

$69,999

Property Details

MLS#: 20261036812
Bedrooms: N/A
Bathrooms: 2
Square Feet: 1,540
Price per Sqft: $45
Lot Size: 0.08 acres
Year Built: 1927
Property Type: ResidentialIncome
Status: Active
Days on Market: 1

Description

Incredible Turn-Key Investment Opportunity or House-Hacking Potential! Welcome to this income-generating multifamily property perfectly located just minutes from Downtown Detroit. This well-maintained duplex features two distinct units, providing immediate cash flow. The spacious lower unit offers 2 bedrooms and 1 bathroom, currently renting for $800/mo. The charming upper unit features 1 bedroom and 1 bathroom, currently renting for $750/mo. Both units have substantial value-add potential, with fair market rents in the immediate area averaging $1,000–$1,200 per unit!Major capital improvements have already been done for you, including two brand-new furnaces installed within the last two years, newer updated plumbing, and windows that are only 5 years old. Property features a low-maintenance yard with no garage to maintain. Unbeatable location with quick access to major freeways and local shopping hubs. Don't miss out on adding this Detroit gem to your portfolio!

Location

This property is located in Detroit, Michigan. Detroit is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 14622 Faircrest Street?

14622 Faircrest Street is listed at $69,999, or $45 per square foot.

How many bedrooms does 14622 Faircrest Street have?

This property has N/A bedrooms and 2 bathrooms, with 1,540 square feet of living space.

Schedule a Showing

Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.

Phone: (313) 466-2430

Email: info@sonicrealty.com

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