1350 Drexel Street, Detroit, Michigan 48215
$87,000
Property Details
- MLS#: 20261088588
- Bedrooms: N/A
- Bathrooms: 2
- Square Feet: 2,360
- Price per Sqft: $37
- Lot Size: N/A
- Year Built: 1910
- Property Type: ResidentialIncome
- Transaction: For Sale
- Listing Status: Active
Tax and Assessment Information
Tax and assessment information is unavailable.
Description
An opportunity to own a Detroit duplex with immediate rental income and the flexibility to occupy one unit while leasing the other! This two-family property offers approximately 2,360 square feet of above-grade living space, with two spacious units, each featuring three bedrooms and one full bathroom. **The upper unit is vacant and ready for its next occupant**, making this an appealing option for an owner-occupant interested in house hacking or an investor seeking to establish a new lease at current market rates. The lower unit is currently occupied by a month-to-month tenant paying $650 per month, providing an existing income stream with flexibility for future rental planning. The property offers generously sized rooms, separate living accommodations, and a practical layout that supports a variety of ownership strategies. While some cosmetic updates would enhance the interiors, the duplex presents an opportunity to make improvements over time while building long-term value. For buyers considering owner-occupancy, the vacant upper unit provides the convenience of moving into your own space while collecting rent from the lower unit to help offset housing expenses. Investors can explore the property's potential as a two-unit rental, with the opportunity to evaluate future improvements and rental income. Whether you're beginning your real estate investment journey, expanding an existing portfolio, or looking for a property that combines homeownership with income potential, this Detroit duplex offers multiple possibilities. Fenced in lot to the right is included in the sale but the driveway to left is not the owner's property. Schedule your private showing and explore the opportunity! Buyer to verify all property information, rental details, and intended use. Proof of rental income will be available upon request.
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 1350 Drexel Street?
1350 Drexel Street is listed at $87,000, or $37 per square foot.
How many bedrooms does 1350 Drexel Street have?
This property has N/A bedrooms and 2 bathrooms, with 2,360 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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