5061 Hillsboro Street, Detroit, Michigan 48204

$195,000

Property Details

MLS#: 20261003938
Bedrooms: N/A
Bathrooms: 2
Square Feet: 2,558
Price per Sqft: $76
Lot Size: 0.09 acres
Year Built: 1924
Property Type: ResidentialIncome
Status: Active
Days on Market: 55

Description

Income-Producing Brick Duplex | Section 8 | Turnkey Solid brick duplex featuring two spacious 3-bedroom, 1-bath units, one on each level. Each unit includes its own private basement with separate laundry, offering convenience and strong tenant appeal. Both units are currently rented, generating a combined monthly income of $2,800. One unit is occupied by a Section 8 tenant, providing stable, government-backed income, while the second unit is leased to a standard cash tenant, creating a balanced and diversified rental stream. This is a true turnkey asset with extensive 2024–2025 upgrades, keeping CAPEX reserves in your pocket, not in the property. Nearly everything a new owner would typically worry about has already been addressed: -Updated kitchens in both units (2025) -Updated bathrooms in both units (2025) -New windows in the lower unit (2025) -Fresh paint throughout the entire building (2025) -New water lines (2024) -New electrical lines (2024) Separate utilities, functional layout, and strong rental history make this an ideal opportunity for investors seeking immediate cash flow. Also well-suited for owner-occupants looking to offset or potentially eliminate their mortgage with rental income.

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 5061 Hillsboro Street?

5061 Hillsboro Street is listed at $195,000, or $76 per square foot.

How many bedrooms does 5061 Hillsboro Street have?

This property has N/A bedrooms and 2 bathrooms, with 2,558 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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