$59,900
Active
16 Days Online
0 Beds2 Baths1,680 SQFT
Active

10027 ELMIRA Street Detroit, MI 482042

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***Investor Special*** This recently vacated multi-family unit is an investor's dream. With a competitive price, this property features a 1-bedroom, 1-bathroom unit upstairs and a 2-bedroom, 1-bathroom unit downstairs. Each unit has a sizeable living room, formal dining room, and its own separate entrance and basement access. The property boasts a large, fenced yard and is conveniently located with easy access to downtown Detroit via Grand River Avenue, or to northern Detroit suburbs via quick connections to I-96 and the Lodge Freeways. With some rehabilitation and updates, this could become a profitable multi-unit rental property. Potential rental income could reach up to $2, 000/month, with an after-repair value (ARV) of $119k and higher, based on comparable properties in the same block and surrounding areas.

  • Property TypeMulti-Family
  • NeighborhoodDetroit
  • CountyWayne
  • Taxes$1,049
  • HOA/Condo/Coop Fees$0
  • Days on Site16 Days
  • MLS StatusActive
  • MLS ID Number60307513
  • Home Size Source N/A
  • Year Built1926
  • Lot Size0.09 Acres
  • Full Baths2
  • Partial BathsN/A

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Schools

School District
Detroit City School District
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