14465 Maddelein St, Detroit, MI 48205

$77,000
2
BA
1,258
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$77,000
List Price
$78,000
Closing Date
Oct 04, 2024
MLS#
20240053764
Status
CLOSED
Bathrooms
2
Subdivision
GRATIOT AMERICAN PARK

Property Description

This high-yielding investment opportunity in Detroit awaits you! This duplex is occupied with a long term tenant downstairs, and new tenant signed upstairs for monthly rent income of $1,475. Investment yield 17.5%. Tenants pay gas and electric (separate meters), landlord pays water. Garage for 2 cars, property is well maintained. Favorable price for the portfolio of 7 homes: 14570 Lappin, 14988 Lappin, 14258 Lappin, 14534 Lappin, 14845 Maddelein, 14465 Maddelein, and 15030 Rossini - contact Agent for details. ** Tenant-occupied homes please do not approach the properties or disturb tenants. Viewing/inspection upon signed LOI.

Additional Information

Year Built
1953
Basement Type
Unfinished
Acres
0.10
Style
Colonial
Acres
0.10
School District
Detroit
Heating
Forced Air, Natural Gas
Garage Description
Garage

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of REALTEAM Real Estate 5865808092

Selling Office: Exit United Realty Professionals.

IDX provided courtesy of Realcomp II Ltd., via Real Estate Company and . 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.