17342 Warrington Dr, Detroit, MI 48221

$350,000
5
BA
3,673
SqFt

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List Price
$350,000
MLS#
20261076943
Status
ACTIVE
Bathrooms
5
Subdivision
KEANS SUB OF SW 1/4 OF SW 1/4 OF SEC 10

Property Description

A compelling income-producing opportunity in Detroit’s University District, offering extensive renovations, established rental income, and additional value-add potential. Currently occupied, the property features two beautifully renovated primary units, each with an open layout, refinished original hardwood floors, solid wood cabinetry, updated bathrooms including an ensuite bath, and dedicated in-unit laundry hookups. Major improvements include new electrical, plumbing, HVAC, water heaters, windows, and roof. The upper residence also extends to a bonus third-floor en-suite with luxurious bathroom. The lower level has been framed and drywalled with a completed bathroom and separate laundry area, providing an opportunity to further maximize the property. Ideally positioned near the University of Detroit Mercy, Marygrove, Livernois Avenue of Fashion, restaurants, shopping, and continued redevelopment along McNichols. An excellent opportunity to acquire a substantially renovated property with rental income already in place and additional upside. One unit is currently leased at $1,700/month through May 31, while the second is leased at $1,800/month on a month-to-month basis.

Additional Information

Year Built
1928
Basement Type
Partial
Acres
0.09
Style
Duplex
Acres
0.09
School District
Detroit
Cooling
Central Air, ENERGY STAR Qualified Equipment
Heating
ENERGY STAR Qualified Equipment, Forced Air, Natural Gas
Garage Description
Garage

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