20783 Audrey Ave, Warren, MI 48091

$225,000
4
BA
1,814
SqFt

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Sold Price
$225,000
List Price
$220,000
Closing Date
Apr 09, 2025
MLS#
20250013946
Status
CLOSED
Bathrooms
4
Half-baths
2
Subdivision
S/P # 04 WARREN

Property Description

Turnkey Investment Opportunity – Cash-Flowing Duplex in Prime Warren Location Real estate investors and land lords seize this rare opportunity to own a fully occupied, cash-flowing duplex in the heart of Warren! Conveniently located near major freeways, this side-by-side duplex offers easy access to Metro Detroit, making it a strategic addition to any rental portfolio. ***NO Showings without accepted offer*** Each updated 2-bed, 1-bath unit features separate utilities, upgraded electrical panels, and partially finished basements—ideal for maximizing rental potential. The roof and foundation are in solid condition, while both units boast sump pumps, new blinds, and city certification for a hassle-free investment. Unit 20783 has been renovated with newer white shaker cabinets, modern vinyl flooring, and updated vinyl windows. The working furnace and 5-year-old water heater ensure efficiency, while the bright sunroom/den adds extra living space. Unit 20781 features a newer furnace, a 12-year-old water heater, and well-maintained interiors. Both units have tenants in place, paying near-market rents of $1,300 and $1,200 per month, with potential to increase to $1,350–$1,400. With tenants covering utilities, this turnkey duplex delivers an estimated 20–22% cash-on-cash return with 20% down and self-management. A low-maintenance, high-yield investment like this doesn’t hit the market often. Secure your spot in Warren’s thriving rental market today!

Additional Information

Year Built
1950
Basement Type
Full, Unfinished
Style
Ranch
School District
Fitzgerald
Heating
Forced Air, Natural Gas
Garage Description
Assigned

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Courtesy of EXP Realty Main 8885017085

Selling Office: EXP Realty Main.

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