3273 Cortland St - Apartments FOR SALE


Detroit, MI 48206- North Detroit
$349,900 USD
313-571-6581
3273 Cortland St, Detroit, MI for Sale
$349,900 USD
Apartments - FOR SALE
1/31
null | 9.2% Cap Rate

3273 Cortland St
Detroit, MI 48206
North Detroit


HIGHLIGHTS

  • Newly Renovated
  • 2 Car Detached Garage
  • High-Quality, Low Maintenance Asset

OVERVIEW

Video and audio recording may be in progress. 24-hour notice required for all showings. No detail overlooked in this completely renovated duplex—perfect for both investors and owner-occupants seeking immediate income and long-term value. Every inch of this property has been redone with quality craftsmanship and thoughtful design. Brand new roof with transferrable warranty, new windows, new luxury vinyl plank flooring, fresh paint inside and out, new kitchens, new bathrooms, and updated plumbing, electrical, and mechanicals—this is as turnkey as it gets. Outside, enjoy brand new front and rear decks, a newly built 2-car garage, and a fully fenced backyard, all adding to the home’s function and curb appeal. Both units feature 3 bedrooms and 1 bathroom with spacious layouts, bright natural light, high ceilings, and charming architectural touches. Modern finishes throughout, including stylish kitchens with updated cabinetry and countertops, and tiled bathrooms with sleek fixtures. One unit is currently rented at $1,500/month, offering built-in cash flow from day one. This setup is ideal for house hackers looking to offset their mortgage or investors adding a high-quality, low-maintenance asset to their portfolio. Located on a quiet, well-maintained block with strong neighborhood pride and easy access to major roads, schools, and amenities. The surrounding area has seen significant reinvestment and infrastructure improvements, with newly paved streets and revitalization efforts bringing fresh energy and long-term growth to the neighborhood. Just minutes from downtown, major hospitals, and cultural landmarks—positioned for strong appreciation in a rising market. Separate gas and electric meters make tenant management simple, and the area’s high rental demand ensures continued income stability. Schedule your showing today—opportunities like this don’t last. BATVAI. Do Not Disturb Tenants

FOR SALE DETAILS

PRICE

$349,900 USD

PRICE/SF

$130 USD /SF

# OF UNITS

2

PRICE/UNIT

$174,950

CAP RATE

9.2%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3273-3275 Cortland

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1924

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

-

APN/PARCEL ID

12-003833

ASK ABOUT THIS PROPERTY

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313-571-6581

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313-571-6581

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