8676 Schaefer Highway, Detroit, Michigan 48228

$209,000

Property Details

  • MLS#: 20261078299
  • Bedrooms: N/A
  • Bathrooms: 2
  • Square Feet: 2,786
  • Price per Sqft: $75
  • Lot Size: N/A
  • Year Built: 1953
  • Property Type: ResidentialIncome
  • Transaction: For Sale
  • Listing Status: Active
  • Days on Market: 14

Tax and Assessment Information

Tax and assessment information is unavailable.

Description

Income producing renovated duplex with immediate cash flow! This 2 unit property features two 2-bedroom units, both currently leased at $1,300/month for a total of $2,600 in monthly rental income. One unit is occupied by a Section 8 tenant with a lease through November 2026, while the other is occupied by a cash-paying tenant with a lease through January 2027. Property features include a new electrical panel, updated interiors, and convenient rear parking. A great opportunity for an investor looking to add a tenant occupied, income producing multifamily property to their portfolio. Schedule your showings today! Tenant occupied. No showings prior to accepted offer. Please do not disturb tenants.

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 8676 Schaefer Highway?

8676 Schaefer Highway is listed at $209,000, or $75 per square foot.

How many bedrooms does 8676 Schaefer Highway have?

This property has N/A bedrooms and 2 bathrooms, with 2,786 square feet of living space.

Ask about this property

This record includes a property-access restriction. Contact Sonic Realty to ask a question or verify the current listing status; do not rely on this page as an invitation to enter.

Phone: (313) 484-4696

Email: info@sonicrealty.com

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