4059 Tyler ST, Detroit, MI 48238
$199,900
Est. payment /mo
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3 Baths
2,668 SqFt
Pending

4059 Tyler ST Detroit, MI 48238

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Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Pending

Purchase Type For Sale

Square Footage 2,668 sqft

Price per Sqft $74

Subdivision Sullivans Dexter Blvd 1

MLS Listing ID 20261010032

Style Triplex

Full Baths 3

Year Built 1930

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type MultiFamily

Property Description

Exceptional investment opportunity in desirable Russell Woods! This solid tri-plex offers strong long-term growth potential in one of Detroit's consistently sought-after rental areas. The property features one spacious 3-bedroom unit (1st floor) and two 1-bedroom units (2nd floor). The 3-bedroom has rented for $1,450/month, while the 1-bedroom units command $800 and $900/month, with potential for even higher rents in today's market.
All units offer two private entrances and separate electric service for added tenant convenience. A common basement provides tenant laundry facilities and additional storage potential. Off-street parking includes a rear parking pad accommodating up to three vehicles.
Rental certified with the City of Detroit, this income-producing property is well-positioned for both steady cash flow and future appreciation. A rare opportunity to own a highly desirable tri-plex in Russell Woods!

Location

State MI

County Wayne

Area Area05043Detlivernoisi756Gdriver

Rooms

Basement Full, Unfinished

Interior

Heating Hot Water, Natural Gas

Fireplace No

Exterior

Exterior Feature Awnings

Parking Features ParkingPad

Pool None

View Y/N No

Garage false

Building

Foundation Basement, BrickMortar

Sewer Public Sewer

Water Public

New Construction No

Schools

High Schools Detroit

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition ShortSaleNo, Standard

Pets Allowed Call


Realcomp MLS
Listed by Andrea Sleek of Time Wise Realty Group LLC

NEARBY SCHOOL & BUSINESS

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Cyrus Wheeler

Cyrus Wheeler

Broker | License ID: 6501414673

+1(313) 482-7432

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4059 Tyler ST