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$199,000
Est. payment /mo
2 Baths
3,049 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261039447
Year Built 1924
Annual Tax Amount $2,199
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 31X100.5
Source Realcomp
Property Description
WELCOME TO 5044 FAIRVIEW ST, A FULLY RENOVATED DUPLEX OFFERING A TURNKEY INVESTMENT OPPORTUNITY IN DETROIT. EACH UNIT FEATURES 3 BEDROOMS AND 1 BATHROOM WITH BRIGHT, UPDATED LIVING SPACES, RENOVATED KITCHENS, NEW FLOORING, FRESHLY INSTALLED CARPET, AND FRESH PAINT THROUGHOUT. MAJOR CAPITAL IMPROVEMENTS HAVE ALREADY BEEN COMPLETED, INCLUDING UPDATED ELECTRICAL AND PLUMBING, ALONG WITH RECENTLY SERVICED FURNACES AND WATER HEATERS, PROVIDING LONG-TERM PEACE OF MIND FOR THE NEXT OWNER. BOTH UNITS ARE CURRENTLY LEASED WITH SECTION 8 TENANTS IN PLACE, GENERATING $2,677 PER MONTH, WITH TENANTS RESPONSIBLE FOR ALL UTILITIES EXCEPT WATER. CONVENIENTLY LOCATED NEAR SCHOOLS, NEIGHBORHOOD AMENITIES, AND FREEWAY ACCESS, THIS PROPERTY OFFERS STRONG, RELIABLE CASH FLOW FROM DAY ONE. NO SHOWINGS WITHOUT AN ACCEPTED FULL-PRICE OFFER. NO SELLER FINANCING AVAILABLE.
Location
State MI
County Wayne
Zoning Multi-Family
Direction e warren & fairview
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Structure Type Vinyl Siding
Schools
School District Detroit
Others
Tax ID W21I042227S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Realtyflo Inc
Nearby Locations
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