16918 Hubbell St, Detroit, MI 48235
- $165,000
- 2
- BA
- 1,596
- SqFt
- Sold Price
- $165,000
- List Price
- $160,000
- Closing Date
- Apr 21, 2025
- MLS#
- 20250014933
- Status
- CLOSED
- Bathrooms
- 2
- Subdivision
- HEIDEN & CUNNINGHAM PALME R GROVE SUB (PLATS)
Property Description
This beautiful duplex comes fully updated on Detroit's west side. These charming units both feature a private garage and basement access. The lower unit is a 2 bed/1 bath, and the upper unit is a 1 bed/1 bath with a bonus room. The lower unit is occupied at $1,225/mo, with a $50/mo landlord credit for water (factored into projected expenses). The upper unit currently is vacant, but has applicants at $900/mo. Tenants each pay their own electric and gas. Priced at an 11% pro forma cap rate, this is an incredible opportunity to invest in a turn-key housing opportunity.
Additional Information
- Year Built
- 1953
- Basement Type
- Unfinished
- Acres
- 0.10
- Style
- Bungalow
- Acres
- 0.10
- School District
- Detroit
- Heating
- Forced Air, Natural Gas
- Garage Spaces
- 2
- Garage Description
- 2 Car
Mortgage Calculator
Courtesy of Keller Williams Paint Creek 2486098000
Selling Office: Oak and Stone Real Estate.
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