3000 CORTLAND ST Pending Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48206
$ 125000
- Bed
2 Baths
2724 SqFt
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Pending
Purchase Type For Rent
Square Footage 2,724 sqft
Subdivision Linwood Heights (Plats)
MLS Listing ID 20250015885
Style Duplex
Full Baths 2
Year Built 1925
Property Sub-Type MultiFamily
Property Description
Welcome to 3000 Cortland, a fully occupied rental collecting $1,800/month (17.8% cap rate), with a month to month tenant in the upper, and a new tenant moving into the lower in November 1. The upper unit's attic has been converted to additional living space allowing for an easy rent increase. As you drive the street, you'll see a flurry of homes being renovated, with renovated units selling well beyond $200,000. This is a great option to house hack, to BRRR, or to make a quick flip.
Location
State MI
County Wayne
Area Area05043Detlivernoisi756Gdriver
Interior
Heating HotWater, NaturalGas
Exterior
Pool None
View Y/N No
Building
Foundation Basement, Block
Sewer PublicSewer
Water Public
Schools
School District Detroit
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard