3000 CORTLAND Street Active

Detroit,MI 48206 3400

$ 149900

- Bed

2 Baths

2724 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,724 sqft

Price per Sqft $55

Subdivision Mi

MLS Listing ID 60375656

Style 2 Story

Full Baths 2

Year Built 1925

Annual Tax Amount $1,967

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 35.00 x 121.00

Property Sub-Type Multi-Family

Property Description

Welcome to 3000-3002 Cortland, an investor or house hackers DREAM. 2 fully occupied units collecting $2,000/month which surpasses the hard to reach 1% rule and offers a 16% ROI. The attic space in the upper unit has been turned into additional living space. Around this house you will see units being updated and developed in a quickly reinvigorating neighborhood. Dexter Ave is bringing in new businesses with new bike lanes going in. These long term performing and low maintenance tenants have a strong rent roll that will offer an easy transition for any new owner. We will not disturb our tenants, showings ONLY with an accepted offer. This unit could be combined with duplexes 2674-76 Webb St and/or 11796-98 Ilene for a package offer.

Location

State MI

County Wayne

Area Detroit (82001)

Zoning Multi-Family

Rooms

Basement Block

Interior

Heating Hot Water

Fireplace No

Exterior

Exterior Feature Brick

Building

Story 2 Story

Foundation Basement

Water Public Water

Structure Type Brick

Schools

School District Detroit City School District

Others

Ownership Private

Assessment Amount $350

Energy Description Natural Gas

Financing Cash,Conventional

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