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$ 139,000
Est. payment /mo
New
20215 Schoenherr ST Detroitcity_wayne, MI 48205
2,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $69
MLS Listing ID 81026018764
Year Built 1948
Lot Size 2,613 Sqft
Acres 0.06
Property Sub-Type MultiFamily
Property Description
Presenting a solid duplex investment opportunity featuring side-by-side units with immediate cash flow. This property offers just under 2,000 total square feet. Each unit has an identical layout that includes 2 bedrooms, 1 full bathroom, a spacious living room, a full kitchen, and private basement access. The property is clean, functional, and fully leased to two reliable tenants, generating a combined gross income of $2,100 per month. Tenants pay all utilities, including water, sewer, gas, and electric, which creates strong cap rate potential for investors focused on long-term portfolio growth. P&L statement and fully executed leases will be provided upon receipt of a signed NDA from both the Buyer's Agent and the investor. Showings are available by private inspection only after an accepted Letter Of Intent or Offer. Please do not disturb the occupants.
Location
State MI
County Wayne
Area Area05054Det8Togratiothoustonto7
Rooms
Basement Full
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Parking Features Paved
Utilities Available ElectricityConnected, NaturalGasConnected, SewerConnected
View Y/N No
Building
Sewer Public Sewer, Sewer At Street
Water Public
New Construction No
Schools
School District Detroit
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Jeffrey Brikho of Brikho Properties