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$300,000
8 Baths 20240050105 MLS
Unparalleled investment opportunity: Fully Renovated 4-Family House with New Furnaces, hot water heaters, and Separate Utilities in the Dexter Linwood area of Detroit. Welcome to this prime investment property in the sought-after Dexter Linwood neighborhood! This meticulously renovated 4-family house offers a lucrative opportunity for investors seeking a turnkey rental income. Key Features: • Furnaces: Each unit is equipped with its own furnace, so tenants can control their comfort. • Separate Utilities: Individual meters for electricity, gas, and water provide tenants with the convenience of managing their own utilities, enhancing rental desirability and ease of management. • Separate Basement Areas with Laundry Space • Renovated Interiors: Modern upgrades throughout, including updated kitchens, bathrooms, and flooring, attract quality tenants and maximize rental income potential. • Spacious Layouts: Generously sized units with multiple bedrooms and living spaces offer flexibility and appeal to a variety of renters. Additional Benefits: • Low Maintenance: Recent renovations mean minimal upkeep costs for investors, allowing for higher profit margins. • Desirable Location: Located in a thriving neighborhood where the Joe Louis biking/walking trail is planned to wind through this charming neighborhood • The Neighborhood has many amenities: Schools, close to downtown and midtown, transportation options nearby, ensuring high tenant demand. Investment Potential: • Steady Rental Income: With four units generating income. Property provides stable cash flow opportunity. Estimated cash on cash return of 20% / year. • Rents are estimated to increase 5% per year. • Appreciation: Positioned in an area with increasing property values, estimated to be near 3% per year, offering potential for long-term appreciation. Property includes the lot along the driveway side. Don't miss out on this exceptional investment opportunity! Expanding your portfolio or starting anew, this property promises both immediate cash flow.

3224 Monterey St, Detroit

Courtesy of National Realty Centers, Inc 2487241234

Selling Office: EXP Realty LLC.

$60,000
2 Baths 20240029173 MLS
Welcome to 3008 Cortland Street! This multi-family property presents an excellent investment opportunity for those with a vision. Situated in a convenient location, this spacious house offers endless possibilities. With a total of 5 bedrooms and 2 bathrooms, this vacant property boasts ample space for you to customize and transform it into the home or income-generating property of your dreams. The generous size of approximately 2700 square feet provides plenty of room for comfortable living and entertaining. While this property needs some work, it presents an exciting chance to put your personal touch on it. Whether you are looking to create a multifamily residence, a rental property, or even convert it into a single-family home, the potential is endless. Convenient parking is available with two dedicated spaces, ensuring that you and your guests will always have a place to park. Located in a desirable neighborhood, this property offers easy access to nearby amenities such as shopping centers, restaurants, parks, and schools. Commuting is also made simple with convenient transportation options close by. Don't miss out on this incredible opportunity to own a spacious property with endless potential. Embrace the challenge and turn this house into your dream investment. Schedule a viewing today and let your imagination run wild! As-is sale. Buyer responsible for city inspections and/or requirements, if any exist.

3008 Cortland St, Detroit

Courtesy of Market Elite Inc 5862263200

Selling Office: KW Professionals.

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IDX provided courtesy of Realcomp II Ltd., via Real Estate Company. Copyright 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.

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