Link Copied
Listed price in listed location currency (USD).
$200,000

020

MLS® 20261007812

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2986 sqft
Garage No
Taxes $2,168
Days Active 0
Lot Size 0.08 acres
Approx. Age 1928
Avg. Price Per Sqft $66
MLS® Number 20261007812

Property Address: 5569 Drexel St, Detroit, MI, 48213-3754

Average square foot calculated using Size range provided by listing agent.

Description

Located 4 minutes from the historic indian village, you will find 5569 drexel nestled on a 3, 833 square foot lot in a quiet neighborhood of homeowners. This crown jewel boasts a brand new 40 year roof to ensure repeat dividends for many years to come. Every window in this compound is brand new and she has been upgraded with new furnaces, new electrical, new plumbing and hot water tanks to insure maintenance free cash flow. Furthermore she has freshly rolled paint and brand new carpet with top of the line underlayment. This beauty has just been leased with 2 year section 8 tenants and the monthly dividends of $2491 are paid in full by the federal government. Tenants pay all the utilities which allows this investment to pay a return of just under 20%. The taxes have been reduced to roughly $100 per month. This diamond will wrapped around a lucky owner's finger soon! No showings without accepted full list offer.
MLS® Number20261007812
Laundry Level
Central VacNo
FireplaceNo
Acreage0.08
Exterior
GarageNo
Approx. Age1928
BasementFinished
Driveway
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 6, 2026List Date
$200,000List Price
  • Commute

Commute

Starting Address
Destination Address
5569 Drexel St, Detroit, MI

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties