50
See all 50 photos
$350,000
Est. payment /mo
2 Baths
2,204 SqFt
New
553 Belmont Street Detroit, MI 48202 1316
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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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Listed by EXP Realty Main