14033 Lasalle Detroit, MI 48238 Sold

$25,000 4 bd, 2 ba

2 family flat
Upstairs unit is rented at $625.00
Lower unit tenant is moving out. All trash has been removed.

Here for sale is a brick 2 family flat on the westside of Detroit. The upper unit has been recently updated but the lower unit will need between $10-15,000 in rehab. The upper unit is currently rented at $625 per month and the tenant pays all utilities except for water. Each unit has 2 bedrooms and 1 bathroom with their own separate entries. This property is near all major freeways and the Focus Hope Technical Training Center.

PLEASE DO NOT DISTURB THE TENANT!!!!

Asking price: $25,000/obo
Annual taxes: $1,337.97
Cap rate: 20% +
Property management fee: Usually 10% of the rent per month
Water bill: $100-150
Deposit: $1000.00

Tenant pays all utilities except for water. Tenants are on separate gas/electrical. Copy of the lease provided after contract has been signed and deposit has been paid. Please email us at info@detroitpropertyshop.com for more info.

Property Details

Price:
$25,000
Address:
14033 Lasalle Detroit, MI 48238
City:
Detroit
State:
MI
Zip Code:
48238
Terms:
For Sale
Property Type:
Duplex
Bedrooms:
4
Bathrooms:
2
Basement:
Full

Call 1-888-225-1533 for more details

Property Location

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