5106 DEVONSHIRE RD, Detroit, MI 48224 - MLS#20251031607

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Coldwell Banker Town & Country Real Estate

karengillrealestate@gmail.com +1(810) 397-4451

$199,900

2 Baths

2,194 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Rent

Square Footage 2,194 sqft

Subdivision East Detroit Development Cos Sub No 2 (Plats)

MLS Listing ID 20251031607

Style Colonial

Full Baths 2

Year Built 1929

Lot Size 4,791 Sqft

Property Sub-Type MultiFamily

Property Description

2-Family Income Property | Morningside Near Grosse Pointe. Updated Duplex with Cash Flow & Strong Upside. Solid income stream. 2 Units | Each 2 Bed / 1 Bath. Upper Unit is rented. One unit renovated: granite countertop, stainless appliances, recessed lighting, restored hardwoods. Updated bathroom, LVP kitchen flooring, and fresh paint throughout. Current rent: $1,348/month. Big-ticket updates already completed in 2023: New roof, windows, gutters, new furnace (upstairs) + boiler (downstairs). New water heaters, new porch, steps and railing. New storm and security door. Security system + CCTV. Separate gas & electric meters per unit. Shared water line (common setup in Detroit) One unit on a dedicated furnace; one unit on a boiler system. Morningside District – borders East English Village & Grosse Pointe. Strong rental demand & long-term appreciation potential. Rental income is projected to include future rent in lower unit. Pre-approved/Proof of funds Buyers only. Information is estimated. 24 hour notice to show.
Ideal for house hackers, BRRRR investors, or long-term landlords. Net annual amount is estimated.

Location

State MI

County Wayne

Area Area05055Detconmorsgrathstn7Mack

Rooms

Basement Full, Unfinished

Interior

Heating ForcedAir, HotWater, NaturalGas

Exterior

Exterior Feature Lighting

Parking Features Garage

Pool None

View Y/N No

Garage true

Building

Foundation Basement, Block

Sewer PublicSewer

Water Public

New Construction No

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition ShortSaleNo, Standard

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Listed by Tramar Clay of National Realty Centers, Inc

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Coldwell Banker Town & Country Real Estate

+1(810) 397-4451

Broker | License ID: 308761

Broker License ID: 308761

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5106 DEVONSHIRE RD Detroit, MI 48224

Coldwell Banker Town & Country Real Estate

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Get More Information