3026 Lothrop StreetDetroit, MI 48206
$139,900
Listing courtesy of EXP Realty Main
4
Beds
2
Baths
2,054
Sqft
About
This Home
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.
Details
- Property Type
- Residential Income
- Style
- Multi Family
- Year Built
- 1926
- Lot Size
- 0.08 acres
- Garage Spaces
- 0
- Heating
- Natural Gas, Steam
- Cooling
- None
- Basement
- Unfinished
- Annual Taxes
- $3,916
- MLS #
- 20261073681
About Detroit
Michigan's largest city, with a revitalized downtown and riverfront, the Midtown cultural district and historic neighborhoods like Indian Village and Boston-Edison. Home styles range from grand early-1900s homes to lofts and new construction.
Gallery
Listing courtesy of EXP Realty Main. MLS # 20261073681. Information is deemed reliable but not guaranteed and should be independently verified.
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