31
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$209,000
Est. payment /mo
2 Baths
5,227 Sqft Lot
New
8676 Schaefer Highway Detroit, MI 48228
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261078299
Year Built 1953
Annual Tax Amount $7,352
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 47X110
Source Realcomp
Property Description
Income producing renovated duplex with immediate cash flow! This 2 unit property features two 2-bedroom units, both currently leased at $1,300/month for a total of $2,600 in monthly rental income. One unit is occupied by a Section 8 tenant with a lease through November 2026, while the other is occupied by a cash-paying tenant with a lease through January 2027. Property features include a new electrical panel, updated interiors, and convenient rear parking. A great opportunity for an investor looking to add a tenant occupied, income producing multifamily property to their portfolio. Schedule your showings today! Tenant occupied. No showings prior to accepted offer. Please do not disturb tenants.
Location
State MI
County Wayne
Zoning Multi-Family
Direction From Joy Rd, head north on Schaefer Hwy. Property is located on Schaefer Hwy, north of Joy Rd.
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W22I029629S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by EXP Realty Main
NEARBY SCHOOL & BUSINESS
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