18657 Binder Street, Detroit, Michigan 48234
$141,500
Property Details
- MLS#: 20261083246
- Bedrooms: N/A
- Bathrooms: 2
- Square Feet: 1,500
- Price per Sqft: $94
- Lot Size: N/A
- Year Built: 1925
- Property Type: ResidentialIncome
- Transaction: For Sale
- Listing Status: Active
- Days on Market: 17
Tax and Assessment Information
Tax and assessment information is unavailable.
Description
Look no further than this beautiful 2 unit established rental income Duplex, and an opportunity to expand your investment portfolio. Offered at $141,500, this fully occupied duplex in Hamtramck, currently generates $1,800 in combined monthly rent—$21,600 annually—with an approximate 15.3% gross rental yield before expenses. Each unit features two bedrooms, one full bathroom, a kitchen, living room, and dining room, offering functional layouts across approximately 1,500 square feet. Renovated in 2017, the property includes a covered front porch, enclosed backyard, and an unfinished basement with laundry space. Convenient access to parks, shopping, and major freeways adds to its rental appeal. Tenant occupied; showings require at least 48 hours’ advance notice. Buyer and buyer’s agent to verify all property information, rental income, and expenses.
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 18657 Binder Street?
18657 Binder Street is listed at $141,500, or $94 per square foot.
How many bedrooms does 18657 Binder Street have?
This property has N/A bedrooms and 2 bathrooms, with 1,500 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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