2 Beds
3 Baths
3,312 SqFt
2 Beds
3 Baths
3,312 SqFt
Key Details
Property Type Multi-Family
Sub Type Colonial
Listing Status Active
Purchase Type For Sale
Square Footage 3,312 sqft
Price per Sqft $64
Subdivision Webb Avenue Sub (Plats)
MLS Listing ID 20251041198
Style Colonial
Bedrooms 2
Full Baths 3
Year Built 1924
Annual Tax Amount $2,289
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 40.00 x 122.00
Property Sub-Type Colonial
Source Realcomp II Ltd
Property Description
Forget the hassle of finding tenants—this property comes with two separate, occupied units, each currently generating $1,350 per month. That's a total of $2,700 in guaranteed monthly income from day one. This robust cash flow provides an immediate and substantial return on investment, far exceeding what's possible in many other markets.
Beyond the immediate cash flow, this property offers incredible potential for long-term appreciation. The Dexter-Linwood neighborhood is experiencing a significant revitalization, with rising property values and growing demand. By acquiring this stabilized asset now, you are positioning yourself to capitalize on the area's ongoing growth and secure your financial future to create generational wealth!
This is more than just a property; it's a strategic investment in a thriving Detroit community. Don't miss your chance to own a high-performing asset that delivers both immediate cash flow and long term appreciation!
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Zoning Multi-Family
Direction Take Dexter To Webb Head East On Webb
Rooms
Basement Unfinished
Interior
Heating Hot Water
Fireplace no
Heat Source Natural Gas
Exterior
Garage Spaces 2.0
Road Frontage Paved
Garage no
Private Pool No
Building
Foundation Basement
Sewer Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Colonial
Level or Stories 2 Story
Structure Type Brick
Schools
School District Detroit
Others
Pets Allowed No
Tax ID W12I003452S
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional, FHA, VA
Rebuilt Year 2024
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
GET MORE INFORMATION
REALTOR® | Lic# 6501430267