31
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$139,900
Est. payment /mo
2 Baths
2,054 SqFt
New
3026 Lothrop Street Detroit, MI 48206 2568
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,054 sqft
Price per Sqft $68
Subdivision Mi
MLS Listing ID 61029700
Style 2 Story
Full Baths 2
Year Built 1926
Annual Tax Amount $3,916
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 30X120
Property Sub-Type Multi-Family
Property Description
Excellent opportunity for investors or owner-occupants! This tenant-occupied multifamily property offers an established income stream from day one. Each unit features 2 bedrooms, 1 full bath, and a kitchen, along with an unfinished basement. Current rents are $900/month for the upper unit and $1,100/month for the lower unit. Both tenants pay their own gas and electric, while the landlord is responsible for taxes and water. Investors can take advantage of the existing cash flow, or a future owner-occupant can explore living in one unit while generating rental income from the other. Conveniently located north of W Grand Blvd and east of Grand River. Please respect tenant privacy and do not approach or disturb tenants. BATVAI.
Location
State MI
County Wayne
Area Detroit (82001)
Interior
Heating Steam
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
Energy Description Natural Gas
Financing Cash,Conventional,FHA,VA
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by EXP Realty Main
Nearby Locations
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