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$1,001,000
Est. payment /mo
14 Baths
1,720 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 1,720 sqft
Price per Sqft $581
Subdivision Chatham Village Add
MLS Listing ID 20251052942
Style Bungalow
Full Baths 14
Year Built 1944
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type MultiFamily
Property Description
Investment Opportunity – 14-Unit Duplex Portfolio | Detroit & Harper Woods
Exceptional opportunity to acquire a package of 14 income-producing properties located throughout Detroit and Harper Woods, Michigan. Each property represents one side of a duplex, collectively generating a strong monthly rental income of $13,450.
This portfolio is 100% occupied, with all tenants on month-to-month leases, offering both stability and flexibility for new ownership. The homes are currently undervalued, providing significant upside potential through rent increases and long-term value appreciation.
Exceptional opportunity to acquire a package of 14 income-producing properties located throughout Detroit and Harper Woods, Michigan. Each property represents one side of a duplex, collectively generating a strong monthly rental income of $13,450.
This portfolio is 100% occupied, with all tenants on month-to-month leases, offering both stability and flexibility for new ownership. The homes are currently undervalued, providing significant upside potential through rent increases and long-term value appreciation.
Location
State MI
County Wayne
Area Area05061Harperwoods
Rooms
Basement PartiallyFinished
Interior
Heating ForcedAir, NaturalGas
Exterior
Pool None
View Y/N No
Garage false
Building
Foundation Basement, Poured
Sewer PublicSewer
Water Other
New Construction No
Schools
High Schools Harperwoods
School District Harperwoods
Others
Senior Community false
Acceptable Financing Cash, Contract
Listing Terms Cash, Contract
Special Listing Condition ShortSaleNo, Standard
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Listed by Michael Hines of MVPS Realtors
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