8676 Schaefer Hwy, Detroit, MI 48228

$209,000
: 2
BA
: 2,786
SqFt

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List Price: $209,000
MLS#: 20261078299
Status: ACTIVE
Bathrooms: 2
Subdivision: ROBERT OAKMAN LAND COS AVIATION FIELD SUB 4 L58 P48

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Property Description

Income producing renovated duplex with immediate cash flow! This 2 unit property features two 2-bedroom units, both currently leased at $1,300/month for a total of $2,600 in monthly rental income. One unit is occupied by a Section 8 tenant with a lease through November 2026, while the other is occupied by a cash-paying tenant with a lease through January 2027. Property features include a new electrical panel, updated interiors, and convenient rear parking. A great opportunity for an investor looking to add a tenant occupied, income producing multifamily property to their portfolio. Schedule your showings today! Tenant occupied. No showings prior to accepted offer. Please do not disturb tenants.

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Additional Information

Year Built: 1953
Basement Type: Unfinished
Acres: 0.12
Style: Duplex
Acres: 0.12
School District: Detroit
Heating: Forced Air, Natural Gas