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1014 Waterman St, Detroit, MI 48209

$125,000
: 3
BA
: 2,600
SqFt

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List Price: $125,000
MLS#: 20261074154
Status: ACTIVE
Bathrooms: 3
Half-baths: 1
Subdivision: KAIERS SUB OF LTS 16 THRU 29

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Property Description

INVESTOR SPECIAL – HUGE VALUE-ADD OPPORTUNITY! This 2-unit multifamily duplex is priced to sell at $125,00 As-is and ready for someone to maximize on profits and with vision to bring it back to life. Both units are in need of TLC and updating, making this an excellent opportunity for an investor looking to renovate, build equity, and maximize future rental or resale potential. Priced over 50% (As-Is)below updated multifamily properties in the area, there is plenty of room to add value through improvements. Renovate and hold for rental income, explore a house-hack opportunity, or reposition for resale. Bring your contractor, your creativity, and your vision — the potential is here! A great opportunity to breathe new life into this property and turn it into something special.

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Additional Information

Year Built: 1915
Basement Type: Unfinished
Acres: 0.11
Lot Dimensions: 30X157.5
Style: Duplex
Acres: 0.11
School District: Detroit
Heating: Forced Air, Natural Gas