5217 Lakeview StreetDetroit, MI 48213

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Attention Investors! Savvy real estate investors understand that long-term appreciation often follows major public and private investment. This recently renovated duplex is ideally situated just steps from the 200-acre Chandler Park, which is home to the 14 Million Chandler Park Fieldhouse, and near the transformative redevelopment of the 52-acre Villages at Parkside community, where Detroit Housing has partnered on a significant neighborhood revitalization project. Extensively updated both inside and out, this turnkey, low-maintenance duplex offers an outstanding opportunity to enter or expand your portfolio in one of Detroit's emerging investment corridors. With the major improvements already completed, you can avoid costly renovations and begin generating rental income immediately while positioning yourself to benefit from the area's continued growth and redevelopment. Whether you're a first-time investor or an experienced landlord, this income-producing property offers strong upside potential in a rapidly evolving market. Currently generating $2400/mo in gross income. Requires an accepted offer prior to any showings.

Details

Property Type

Residential Income

Style

Multi Family

Year Built

1928

Lot Size

0.09 acres

Garage Spaces

0

Heating

Forced Air, Natural Gas

Cooling

None

Basement

Full, Unfinished

Annual Taxes

$2,027

MLS #

20261048147

Gallery