553 Belmont Street new

Detroit,MI 48202 1316

$ 350000

- Bed

2 Baths

2204 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,204 sqft

Price per Sqft $158

Subdivision Mi

MLS Listing ID 60915468

Style 2 Story

Full Baths 2

Year Built 1910

Annual Tax Amount $2,119

Lot Size 5,662 Sqft

Acres 0.13

Lot Dimensions 45X125

Property Sub-Type Multi-Family

Property Description

Discover this beautifully renovated multifamily home in the heart of Detroit! This spacious property features two separate units, each offering 2 comfortable bedrooms and 1 full bathroom, making it an excellent option for multi-generational living, house hacking, or a solid investment opportunity. Both units have been recently remodeled, featuring fresh paint, updated flooring, and modern finishes throughout, creating a warm and inviting atmosphere. The kitchens are functional and stylish, perfect for everyday living or tenant use. As an investment property you can generate $1500 per month per unit. That's $36,000 gross annually! Whether you're looking to live in one unit and rent the other, or simply add a turnkey rental property to your portfolio, this home offers flexibility and income potential. Located in a growing area of Detroit, you'll be close to shopping, schools, public transportation, and major roadways, everything you need is just minutes away. Don't miss this incredible chance to own a beautifully updated duplex in a city full of opportunity. Schedule your showing today! This property has an alarm and is being monitored and recorded via camera system.

Location

State MI

County Wayne

Area Northville (82339)

Zoning Multi-Family

Rooms

Basement Poured

Interior

Heating Forced Air

Fireplace No

Exterior

Exterior Feature Vinyl Siding

Building

Story 2 Story

Foundation Basement

Water Public Water

Structure Type Vinyl Siding

Schools

School District Detroit City School District

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional,FHA,VA

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