$ 259,900
613 BELMONT Street Detroit, MI 48202 1362
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 259,900
Est. payment /mo
Pending
613 BELMONT Street Detroit, MI 48202 1362
2 Baths
2,121 SqFt
UPDATED:
11/05/2024 02:11 PM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 2,121 sqft
Price per Sqft $122
Subdivision Mi
MLS Listing ID 60347368
Style 2 Story
Full Baths 2
Year Built 1913
Annual Tax Amount $1,727
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 30.00 x 125.00
Property Description
Introducing an exceptional turnkey investment opportunity located in the North End neighborhood, just minutes from Hamtramck, Midtown, and Downtown. This fully renovated duplex, updated in 2019, offers a perfect blend of modern amenities and classic charm. Whether you're looking to live in one unit and rent out the other or fully lease both units for a steady stream of income, this property is primed for immediate financial returns. Key Features: Fully Renovated: New electric, windows, HVAC system, and roof�??all installed in 2019. Both units boast modern kitchens and bathrooms, with gleaming hardwood floors throughout, offering durability and timeless appeal. Long-Term Tenancy: The upstairs unit is occupied by reliable, long-term tenants who have called this place home for over three years, ensuring immediate and steady rental income. Bonus Opportunity: Two adjacent side lots, owned by the Detroit Land Bank Authority (DLBA), are available as an additional purchase, offering endless possibilities for expansion, outdoor space, or further development. Located in a rapidly appreciating neighborhood with close proximity to key city attractions, this duplex is an excellent choice for both new and seasoned investors. Take advantage of the property's move-in-ready condition and the potential for additional growth with the side lots. This is a rare chance to acquire a hassle-free, income-generating asset in one of Detroit�??s most sought-after areas. Don�??t miss out on this prime investment�??schedule your viewing today!
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Multi-Family
Interior
Heating Forced Air
Cooling Central A/C
Fireplace No
Exterior
Exterior Feature Brick
Waterfront No
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Detroit City School District
Others
Assessment Amount $340
Energy Description Natural Gas
Financing Cash,Conventional,FHA,VA
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Listed by Symmetry Property Management & Realty, Inc