8676 Schaefer HighwayDetroit, MI 48228
$199,000
Listing courtesy of EXP Realty Main
4
Beds
2
Baths
2,786
Sqft
About
This Home
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.
Details
- Property Type
- Residential Income
- Style
- Multi Family
- Year Built
- 1953
- Lot Size
- 0.12 acres
- Garage Spaces
- 0
- Heating
- Forced Air, Natural Gas
- Cooling
- None
- Basement
- Unfinished
- Annual Taxes
- $7,352
- MLS #
- 20261078299
About Detroit
Michigan's largest city, with a revitalized downtown and riverfront, the Midtown cultural district and historic neighborhoods like Indian Village and Boston-Edison. Home styles range from grand early-1900s homes to lofts and new construction.
Gallery
Listing courtesy of EXP Realty Main. MLS # 20261078299. Information is deemed reliable but not guaranteed and should be independently verified.
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