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
