7542 Meadow Avenue, Warren, Michigan 48091

$239,900

Property Details

  • MLS#: 20261076376
  • Bedrooms: N/A
  • Bathrooms: 2
  • Square Feet: 2,256
  • Price per Sqft: $106
  • Lot Size: N/A
  • Year Built: 1942
  • Property Type: ResidentialIncome
  • Transaction: For Sale
  • Listing Status: Active
  • Days on Market: 5

Tax and Assessment Information

Tax and assessment information is unavailable.

Description

INVESTOR ALERT! Turnkey, High-Yield Duplex Generating MORE 1% Monthly Return! ?Rare opportunity to acquire a fully updated, fully occupied, high-performing duplex generating guaranteed income. Backed by reliable agency/organization-paid leases with model tenants, this property delivers immediate, hands-off cash flow from Day 1 with significant upside potential on upcoming lease renewals. LET'S TALK ABOUT ?PROPERTY HIGHLIGHTS & FINANCIAL BREAKDOWN: ?Lower Unit (2 Beds / 1 Bath): $1,300/mo guaranteed rent. Features updated vanity, new carpet/flooring, and fresh paint. ?Upper Unit (4 Beds / 1 Bath): $1,500/mo guaranteed rent. Updated kitchen featuring newer cabinets and countertops. ?Total Current Income: $2,800/mo ($33,600/yr) which is exceeding the 1% rule!? Zero immediate capital expenditures needed! This building has been extensively updated! Updated mechanicals! High-efficiency heating systems, newer furnace and newer water heater. Updated plumbing and electrical work, newer electrical panels for both units, and modern plumbing/electrical fixtures throughout. Vinyl windows throughout (with blinds), newer front roof, and fully repainted interior. ?Inclusions: Both sets of unit appliances are landlord-owned and convey with the sale. The property includes an adjacent FREE buildable lot—a massive value-add for future development, expansion, or separate resale! ?The seller is liquidating equity solely to fund another project, creating a rare opening to step into a fully stabilized, turnkey income producer. Leads immediately with the 1%+ rule, $2,800/mo income, and guaranteed lease structure to hook investor attention in search feeds. Emphasizes that leases are paid through housing agencies signaling reliable rent collection and minimal vacancy risk. Updated mechanicals, roof, electrical, and plumbing into a clear section to prove to out-of-state or local hands-off investors that maintenance costs will be low.

Location

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

Frequently Asked Questions

What is the price of 7542 Meadow Avenue?

7542 Meadow Avenue is listed at $239,900, or $106 per square foot.

How many bedrooms does 7542 Meadow Avenue have?

This property has N/A bedrooms and 2 bathrooms, with 2,256 square feet of living space.

Ask about this property

Contact Sonic Realty to verify current availability or ask about this listing. A showing is only arranged after the listing team confirms it.

Phone: (313) 484-4696

Email: info@sonicrealty.com

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