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3026 Lothrop ST Detroit, MI 48206
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Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Sold
Purchase Type For Sale
Square Footage 2,054 sqft
Price per Sqft $88
Subdivision Crosman & Mc Kays Sub
MLS Listing ID 20261073681
Sold Date 10/28/26
Style Colonial,Duplex
Full Baths 2
Year Built 1926
Lot Size 3,484 Sqft
Acres 0.08
Property Sub-Type MultiFamily
Property Description
Excellent opportunity for investors or owner-occupants! This tenant-occupied multifamily property offers an established income stream from day one. Each unit features 2 bedrooms, 1 full bath, and a kitchen, along with an unfinished basement. Current rents are $800/month for the upper unit and $1,100/month for the lower unit. Both tenants pay their own gas and electric, while the landlord is responsible for taxes and water. Investors can take advantage of the existing cash flow, or a future owner-occupant can explore living in one unit while generating rental income from the other. Conveniently located north of W Grand Blvd and east of Grand River. Please respect tenant privacy and do not approach or disturb tenants. BATVAI.
Location
State MI
County Wayne
Area Area05043Detlivernoisi756Gdriver
Rooms
Basement Unfinished
Interior
Heating Natural Gas, Steam
Fireplace No
Exterior
Pool None
View Y/N No
Garage false
Building
Foundation Basement, BrickMortar
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, Conventional, FHA, VaLoan
Listing Terms Cash, Conventional, FHA, VaLoan
Special Listing Condition ShortSaleNo, Standard
Pets Allowed Call
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