31 BARRETT Avenue, Madison Heights, Michigan 48071

$275,000

Property Details

MLS#: 20261007644
Bedrooms: N/A
Bathrooms: 2
Square Feet: 1,584
Price per Sqft: $174
Lot Size: 0.1 acres
Year Built: 1928
Property Type: ResidentialIncome
Status: Active
Days on Market: 19

Description

Welcome to 31 Barrett, a prime upper–lower duplex offering strong cash flow and value-add upside. This property was appraised at $290,000 in December 2025 and features two separate units with tenants currently on month-to-month leases, providing flexibility for an investor to come in, make improvements, and raise rents. The upper unit is Section 8 and rented month to month, while the lower unit offers significant value-add potential and is also month to month. Utilities are paid directly by the tenants, with water paid by the landlord and reimbursed through a bill-back system. This is an excellent opportunity for an investor seeking a solid rental or an owner-occupant looking to house hack while enjoying nearby local conveniences. Seller is open to a mortgage takeover with a minimum of 25% down (non-negotiable). Don’t miss your chance to secure a great cash-flowing duplex with upside potential

Location

This property is located in Madison Heights, Michigan. Madison Heights is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 31 BARRETT Avenue?

31 BARRETT Avenue is listed at $275,000, or $174 per square foot.

How many bedrooms does 31 BARRETT Avenue have?

This property has N/A bedrooms and 2 bathrooms, with 1,584 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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