11240 GLENFIELD Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48213
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,856 sqft
Price per Sqft $59
Subdivision Berkholz Sub
MLS Listing ID 20240061431
Style Duplex
Bedrooms 2
Full Baths 2
Year Built 1948
Annual Tax Amount $2,772
Lot Size 5,227 Sqft
Property Description
Check out this fantastic cash flowing investment property at 11238 Glenfield. A spacious side-by-side duplex offering 1,856 sq ft, with two units each featuring 2 bedrooms, 1 full bath, and separated basements and utilities. Both units are occupied with one long term section 8 tenant and one cash tenant. This provides a strong rent ratio right out the door but offers a value add opportunity with market rents at 900 to 1000 per unit.
The property was recently certified with the city of Detroit so the CoC is good until 2027! Professionally managed and ready for a new investor to add to their portfolio.
Located in the Gratiot-Findlay neighborhood north of Outer Drive and west of Gratiot and near the City Airport as well as 7 minutes to downtown.
Location
State MI
County Wayne
Area Det 8 To Gratiot/Houston To 7
Zoning Multi-Family
Interior
Heating Forced Air
Exterior
Waterfront no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary),Sewer at Street
Water Public (Municipal),Water at Street
Structure Type Brick
Schools
School District Detroit
Others
Assessment Amount $240
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional