Attention investors. Check out this fantastic 3-Plex located in Dexter Linwood. This property is fully occupied and has solid tenants that have been there for several years now. The main floor unit features 3 beds and 1 bath. The upper unit flats each feature 1 bed with 1 bath per… Read More unit. This asset is currently in amazing shape, as it was renovated high end prior to tenants being placed. The 3 bed unit rents for $1300. Each 1 bedroom unit upstairs rent for $800 making the total monthly rent $2900! This property can provide a long term solution to generate wealth over time. Don't miss your chance to get in while the getting is good. This area has increased in value 3x since 2017. ***Please note***THE SELLER WILL NOT OFFER SELLER FINANCE TERMS.*** No exceptions. There is also a full dry basement that could allow for the ability to add coin based laundry facilities to boost additional income. Also check out the huge garage out back that offers even more income options...If you are looking for a stellar investment opportunity this is it!!! No showings without an accepted offer. Please do not disturb the tenants. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of Clyde Realty LLC, (313) 974-1830.
Listing Snapshot
Days Online
6
Last Updated
Property Type
Multifamily
Square Ft.
2,600
Lot Size
0.09 Acres
Year Built
1928
MLS Number
20251019220
30 Days Snapshot Of 48238
$102k
+97%
(avg) sold price
20
+53%
homes sold
66
-36%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Unfinished, Basement?: 1
Building
3 total units, 3 leased units, 2 one-bedroom units, 1 three-bedroom unit, Built in 1928, Architectural style: Colonial, Brick, 2,600 total square feet, 2,600 combined square feet, 1,300 total basement square feet, Unit count: 3
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 1
Water Features
Community
Heating
Hot Water, Natural Gas
Interior Features
Laundry Facility
Lot
Lot size area: 0.09, Lot size dimensions: 35X116
Miscellaneous
Gross scheduled income: $34,800, Income projection: Actual, Monthly rental income: $2,900, Net operating income: $29,000
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