3026 Lothrop Street, Detroit, Michigan 48206

$139,900

Property Details

  • MLS#: 20261073681
  • Bedrooms: N/A
  • Bathrooms: 2
  • Square Feet: 2,054
  • Price per Sqft: $68
  • Lot Size: N/A
  • Year Built: 1926
  • Property Type: ResidentialIncome
  • Transaction: For Sale
  • Listing Status: Active
  • Days on Market: 9

Tax and Assessment Information

Assessment evidence unavailable.

Description

Excellent opportunity for investors or owner-occupants! This tenant-occupied multifamily property offers an established income stream from day one. Each unit features 2 bedrooms, 1 full bath, and a kitchen, along with an unfinished basement. Current rents are $900/month for the upper unit and $1,100/month for the lower unit. Both tenants pay their own gas and electric, while the landlord is responsible for taxes and water. Investors can take advantage of the existing cash flow, or a future owner-occupant can explore living in one unit while generating rental income from the other. Conveniently located north of W Grand Blvd and east of Grand River. Please respect tenant privacy and do not approach or disturb tenants. BATVAI.

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 3026 Lothrop Street?

3026 Lothrop Street is listed at $139,900, or $68 per square foot.

How many bedrooms does 3026 Lothrop Street have?

This property has N/A bedrooms and 2 bathrooms, with 2,054 square feet of living space.

Ask about this property

Contact Sonic Realty to verify current availability or ask about this listing. A showing is only arranged after the listing team confirms it.

Phone: (313) 484-4696

Email: info@sonicrealty.com

Similar Homes for Sale in Detroit

Browse Detroit Real Estate

Real Estate Resources