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$ 69,999
Est. payment /mo
New
14622 Faircrest Street Detroit, MI 48205
2 Baths
3,484 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261036812
HOA Y/N true
Year Built 1927
Annual Tax Amount $797
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 33.25X103.04
Source Realcomp
Property Description
Incredible Turn-Key Investment Opportunity or House-Hacking Potential! Welcome to this income-generating multifamily property perfectly located just minutes from Downtown Detroit. This well-maintained duplex features two distinct units, providing immediate cash flow. The spacious lower unit offers 2 bedrooms and 1 bathroom, currently renting for $800/mo. The charming upper unit features 1 bedroom and 1 bathroom, currently renting for $750/mo. Both units have substantial value-add potential, with fair market rents in the immediate area averaging $1,000–$1,200 per unit!Major capital improvements have already been done for you, including two brand-new furnaces installed within the last two years, newer updated plumbing, and windows that are only 5 years old. Property features a low-maintenance yard with no garage to maintain. Unbeatable location with quick access to major freeways and local shopping hubs. Don't miss out on adding this Detroit gem to your portfolio!
Location
State MI
County Wayne
Zoning Multi-Family
Direction Near 94 and Gratiot
Interior
Heating Forced Air
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Water Public
Structure Type Shingle Siding
Schools
School District Detroit
Others
Tax ID W21I018753S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by RE/MAX Dream Properties