5577 Chalmers Street, Detroit, Michigan 48213

$209,900

Property Details

MLS#: 20261006164
Bedrooms: 4
Bathrooms: 2
Square Feet: 1,750
Price per Sqft: $120
Lot Size: 0.14 acres
Year Built: 1926
Property Type: Residential
Status: Active
Days on Market: 14

Market Analysis

Estimated Value (CMA): $96,250
Area Avg Price/Sqft: $55
This Property: $120/sqft ($65 above area average)
Price Position: +118.0% vs comparable homes
Comparable Properties Analyzed: 4

Description

Fully remodeled two-family home offering an exceptional opportunity for investors or owner-occupants. Rent both units or live in one and rent the other for immediate income. This turnkey property has brand-new kitchens and bathrooms, plus new flooring, fresh paint, updated windows, a new roof, and upgraded electrical, making it a maintenance-free investment. In-market rents for similar units typically range from $1,000 to $1,150 per month, signaling strong earning potential. Perfect for someone seeking a solid return on investment with minimal upfront work. All information deemed reliable but not guaranteed. Buyers or buyer's agent to verify all information.

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 5577 Chalmers Street?

5577 Chalmers Street is listed at $209,900, or $120 per square foot.

How many bedrooms does 5577 Chalmers Street have?

This property has 4 bedrooms and 2 bathrooms, with 1,750 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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