11240 GLENFIELD Street Active

Detroit,MI 48213

$ 110000

2 Beds

2 Baths

1856 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,856 sqft

Price per Sqft $59

Subdivision Berkholz Sub

MLS Listing ID 20240061431

Style Duplex

Bedrooms 2

Full Baths 2

Originating Board Realcomp II Ltd

Year Built 1948

Annual Tax Amount $2,772

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 50.00 x 107.00

Property Description

Check out this fantastic cash flowing investment property at 11238 Glenfield. A spacious side-by-side duplex offering 1,856 sq ft, with two units each featuring 2 bedrooms, 1 full bath, and separated basements and utilities. Both units are occupied with one long term section 8 tenant and one cash tenant. This provides a strong rent ratio right out the door but offers a value add opportunity with market rents at 900 to 1000 per unit.
The property was recently certified with the city of Detroit so the CoC is good until 2027! Professionally managed and ready for a new investor to add to their portfolio.
Located in the Gratiot-Findlay neighborhood north of Outer Drive and west of Gratiot and near the City Airport as well as 7 minutes to downtown.

Location

State MI

County Wayne

Area Det 8 To Gratiot/Houston To 7

Zoning Multi-Family

Direction North Of Outer Drive And West Of Gratiot

Rooms

Basement Unfinished

Interior

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Waterfront no

Road Frontage Paved

Garage no

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary),Sewer at Street

Water Public (Municipal),Water at Street

Architectural Style Duplex

Level or Stories 2 Story

Structure Type Brick

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID W21I010558S002

Ownership Short Sale - No,Private Owned

Assessment Amount $240

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Financing Cash,Conventional

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