23
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$199,900
2 Baths
2,194 SqFt
Active
5106 DEVONSHIRE RD Detroit, MI 48224
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Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Rent
Square Footage 2,194 sqft
Subdivision East Detroit Development Cos Sub No 2 (Plats)
MLS Listing ID 20251031607
Style Colonial
Full Baths 2
Year Built 1929
Property Sub-Type MultiFamily
Property Description
2-Family Income Property | Morningside Near Grosse Pointe. Updated Duplex with Cash Flow & Strong Upside. Solid income stream. 2 Units | Each 2 Bed / 1 Bath. Upper Unit is rented. One unit renovated: granite countertop, stainless appliances, recessed lighting, restored hardwoods. Updated bathroom, LVP kitchen flooring, and fresh paint throughout. Current rent: $1,348/month. Big-ticket updates already completed in 2023: New roof, windows, gutters, new furnace (upstairs) + boiler (downstairs). New water heaters, new porch, steps and railing. New storm and security door. Security system + CCTV. Separate gas & electric meters per unit. Shared water line (common setup in Detroit) One unit on a dedicated furnace; one unit on a boiler system. Morningside District – borders East English Village & Grosse Pointe. Strong rental demand & long-term appreciation potential. Rental income is projected to include future rent in lower unit. Pre-approved/Proof of funds Buyers only. Information is estimated. 24 hour notice to show.
Ideal for house hackers, BRRRR investors, or long-term landlords. Net annual amount is estimated.
Ideal for house hackers, BRRRR investors, or long-term landlords. Net annual amount is estimated.
Location
State MI
County Wayne
Area Area05055Detconmorsgrathstn7Mack
Rooms
Basement Full, Unfinished
Interior
Heating ForcedAir, HotWater, NaturalGas
Exterior
Exterior Feature Lighting
Parking Features Garage
Pool None
View Y/N No
Garage true
Building
Foundation Basement, Block
Sewer PublicSewer
Water Public
Schools
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition ShortSaleNo, Standard
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Listed by Tramar Clay of National Realty Centers, Inc
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