5271 DREXEL Street, Detroit, Michigan 48213

$145,000

Property Details

MLS#: 20240041859
Bedrooms: N/A
Bathrooms: 2
Square Feet: 1,892
Price per Sqft: $77
Lot Size: 0.08 acres
Year Built: 1928
Property Type: ResidentialIncome
Status: Active
Days on Market: 621

Description

Exceptional Investment Opportunity in a Thriving Neighborhood!!!Seize the chance to own a cash-generating duplex in one of the most progressive and up-and-coming areas. This fully occupied property, currently home to long-term tenants on month-to-month leases, guarantees immediate cash flow with the potential for continued occupancy. There are many property highlights that would catch the eye of any savvy investor. This duplex has modern upgrades each unit has been recently updated in 2024, showcasing sleek, modern bathrooms and kitchens that enhance both aesthetic appeal and functionality. Enjoy the contemporary flair with newer kitchen cabinets that blend style and efficiency seamlessly. Rich hardwood floors grace both units, offering a perfect mix of durability and timeless beauty. This duplex represents an ideal entry point for new investors looking to dive into the real estate market, providing a manageable and lucrative opportunity from day one. For seasoned investors, the potential for impressive returns (ROI) is available in a rapidly growing market. **Important Note:** Please respect tenant privacy. DO NOT DISTURB OR APPROACH TENANTS. Adhering to tenant rights is crucial and in compliance with leasing laws.

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 5271 DREXEL Street?

5271 DREXEL Street is listed at $145,000, or $77 per square foot.

How many bedrooms does 5271 DREXEL Street have?

This property has N/A bedrooms and 2 bathrooms, with 1,892 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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