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$ 205,000
Est. payment /mo
Active
8676 Schaefer Highway Detroit, MI 48228
2 Baths
5,227 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261078299
Year Built 1953
Annual Tax Amount $7,352
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 47X110
Source Realcomp
Property Description
Income producing renovated duplex with immediate cash flow! This 2 unit property features two 2-bedroom units, both currently leased at $1,300/month for a total of $2,600 in monthly rental income. One unit is occupied by a Section 8 tenant with a lease through November 2026, while the other is occupied by a cash-paying tenant with a lease through January 2027. Property features include a new electrical panel, updated interiors, and convenient rear parking. A great opportunity for an investor looking to add a tenant occupied, income producing multifamily property to their portfolio. Schedule your showings today! Tenant occupied. Please do not disturb tenants.
Location
State MI
County Wayne
Zoning Multi-Family
Direction From Joy Rd, head north on Schaefer Hwy. Property is located on Schaefer Hwy, north of Joy Rd.
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W22I029629S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by EXP Realty Main
NEARBY SCHOOLS & PROPERTIES
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