Renovated two family flat in Detroit's Atkinson Avenue Historic District, a 1916 duplex built at 3,158 square feet, one street south of Boston-Edison's mansions. The house still carries its original bones: an arched passage between the dining and living rooms, a brick fireplace with a painted mantel, hot water radiator heat, and refinished hardwood floors throughout. Atkinson filled in between 1915 and 1929, right alongside the construction of Henry Ford Hospital a few blocks south, and drew a professional crowd of doctors, ministers, bankers, and real estate agents. Ty Cobb lived on the street. So did Edgar Guest, Michigan's only poet laureate and a newspaper columnist read across the country in his day. The upper unit here is a true three bedroom, one bath, leased at $1,495 a month to a tenant current on rent. The lower unit is a genuinely spacious two bedroom, one bath, vacant, and currently furnished from a prior short term rental run, with the furniture available to convey for a buyer who wants to keep that income stream going without starting from scratch. Kitchens in both units are equipped for daily cooking with appliances included, and the home carries a certificate of compliance. A detached two car brick garage sits off the alley. This stretch of Atkinson puts a buyer within walking distance of Gordon Park, The Congregation, and The Rectory, with Woodward Avenue, Midtown, and Downtown a short drive out. For an investor or a house hacker, the math works from day one: live in one unit, let the other carry the note, on one of Detroit's most architecturally intact blocks.
Courtesy of Douglas Rose Realty 8106230228