55
See all 55 photos
$155,000
Est. payment /mo
2 Baths
1,764 SqFt
New
8343 American Street Detroit, MI 48204 3301
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,764 sqft
Price per Sqft $87
Subdivision Mi
MLS Listing ID 60915314
Style 2 Story
Full Baths 2
Year Built 1926
Annual Tax Amount $2,897
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 35X109
Property Sub-Type Multi-Family
Property Description
National Real Estate Management Group is excited to announce your next investment opportunity: a well-maintained, four-bedroom, two-bathroom duplex in turnkey condition. This multi-family home is perfectly positioned near a local elementary school, making it especially attractive to long-term tenants. Currently rented through Section 8, this property yields a strong 1.6% monthly return and an impressive 19% annual ROI - making it an ideal choice for both new and seasoned investors. Don't miss this excellent opportunity to expand your property portfolio with a reliable, income-generating asset in a high-demand rental area. At National Real Estate Management Group, our listings come with built-in property management for seamless, turnkey investments. Our full-service approach covers everything from construction completion to tenant placement and ongoing management. Services include comprehensive property management, tenant screening, financial reporting, legal compliance, and streamlined communication. Choose National Real Estate Management Group for a worry-free investment experience.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Residential
Rooms
Basement Block, Partially Finished
Interior
Heating Forced Air
Fireplace No
Exterior
Exterior Feature Aluminum, Brick
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Aluminum,Brick
Schools
School District Detroit City School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by NREMG Realty