5907 Iroquois Street, Detroit, Michigan 48213

$380,000

Property Details

MLS#: 20251021902
Bedrooms: N/A
Bathrooms: 4.5
Square Feet: 4,680
Price per Sqft: $81
Lot Size: 0.15 acres
Year Built: 1923
Property Type: ResidentialIncome
Status: Active
Days on Market: 184

Description

START CASH FLOWING - Two units leased at $1,759 and $960/month with room for rent increases. Discover a prime investment opportunity with this four-unit multifamily property located at 5907 Iroquois Street in Detroit. The building comprises three spacious three-bedroom units and one two-bedroom unit, offering a versatile portfolio for potential investors. Property Highlights: • Total of 11 bedrooms and 4 bathrooms across all units • Each unit features a comfortable layout suitable for various tenant needs • Recent updates include newer furnaces, hot water tanks, plumbing, and electrical panels, ensuring reduced maintenance costs and enhanced tenant satisfaction • Conveniently located near I-94, providing easy access to downtown Detroit, just a 10-minute drive away This property presents an excellent opportunity for both seasoned investors and those new to real estate investment. The combination of occupied units generating steady income and two units ready for occupancy makes this a compelling addition to any portfolio. Don’t miss out on this chance to invest in a property with substantial income potential in a prime Detroit location. Contact us today to schedule a viewing or for more 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 5907 Iroquois Street?

5907 Iroquois Street is listed at $380,000, or $81 per square foot.

How many bedrooms does 5907 Iroquois Street have?

This property has N/A bedrooms and 4.5 bathrooms, with 4,680 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

Similar Homes for Sale in Detroit

2533 Virginia Park Street, Detroit — $380,000 · 4bd · 3ba · 1,971sqft
1991 Calvert Street, Detroit — $380,000 · 5bd · 4ba · 5,600sqft
2653 LOTHROP Street, Detroit — $380,000 · 6bd · 5ba · 1,973sqft
2545 Woodstock Drive, Detroit — $379,900 · 3bd · 2ba · 2,567sqft
1 Park Avenue, Detroit — $379,850 · 1bd · 1ba · 714sqft
1 Park Avenue, Detroit — $380,175 · 1bd · 1ba · 609sqft
5208 Commonwealth, Detroit — $379,000 · 5bd · 3ba · 2,600sqft
463 JUNCTION Street, Detroit — $379,000 · 2bd · 1ba · 980sqft