18
See all 18 photos
$180,000
Est. payment /mo
4 Beds
2 Baths
1,680 SqFt
New
5217 Lakeview ST Detroit, MI 48213
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Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 1,680 sqft
Price per Sqft $107
Subdivision Plat Of Alfred F Steiners Park Sub
MLS Listing ID 58050203837
Bedrooms 4
Full Baths 2
Year Built 1928
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type MultiFamily
Property Description
Incredible opportunity on this duplex! Complete remodel in 2024 including a roof & mechanicals, hot water tanks. Each unit has new appliances included in the sale. Tenant rents are @ $1,150 per month upper and lower was rented for $1,200 and is currently available. Current rents give this property a CAP Rate of 14%!! Great location on the East side bordering Grosse Pointe and near St. John's Hospital and I94 expressway, located one block off Warren Ave. Tenants have access to the basement with laundry area. All conveniences within a couple of miles and will accommodate any tenant. This is property makes an incredible investment and would also be perfect for an owner occupant with tenant. Open to all financing, schedule your viewing today. Possible tenant application in place.
Location
State MI
County Wayne
Area Area05055Detconmorsgrathstn7Mack
Interior
Heating Forced Air, Natural Gas, Separate Meters
Fireplace No
Exterior
View Y/N No
Building
Foundation Basement
Sewer Public Sewer
Water Public
New Construction No
Schools
High Schools Detroit
School District Detroit
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition Auction, CorporateRelocation, ShortSaleNo
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Listed by Lisa Wild of EXP Realty LLC
NEARBY SCHOOL & BUSINESS
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