5271 DREXEL Street

Detroit, MI 48213
Square Ft.
1,892
$145,000
Exceptional Investment Opportunity in a Thriving Neighborhood!!!Seize the chance to own a cash-generating duplex in one of the most progressive and up-and-coming areas. This fully occupied property, currently home to long-term tenants on month-to-month leases, guarantees immediate cash flow with the potential for continued occupancy.A;There are many property highlights thatRead MoreRead Less
Provided through IDX through Realcomp II Ltd. Courtesy of EXP Realty Main, (888) 501-7085.
Listing Snapshot
Days Online
359
Last Updated
Property Type
Multifamily
Square Ft.
1,892
Lot Size
0.08 Acres
Year Built
1928
MLS Number
20240041859
30 Days Snapshot Of 48213
$46k
-20%
(avg) sold price
9
-18%
homes sold
45
-40%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Unfinished, Basement?: 1
Building
2 total units, 2 leased units, 2 two-bedroom units, Built in 1928, Remodelled in 2024, Architectural style: Duplex, Brick, 1,892 total square feet, 1,892 combined square feet, 919 total basement square feet, Unit count: 2
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 1
Water Features
Natural Gas, Public (Municipal)
Heating
Hot Water, Natural Gas
Interior Features
100 Amp Service, Cable Available
Lot
Lot size area: 0.08, Lot size dimensions: 35.00 x 100.00
Miscellaneous
Gross scheduled income: $19,200, Income projection: Actual, Monthly rental income: $1,600
Parking
2 parking spaces
Pool
Pool?: 0
Property
Property type: Multifamily
Taxes
Tax amount (summer): $1,029, Tax amount (winter): $84
Sewer
Public Sewer (Sewer-Sanitary)
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Monthly Payment
$0
Jim Agemy
Realtor
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IDX provided courtesy of Realcomp II Ltd., via EXP Realty Shelby Twp and Kimberly Agemy, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

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