553 Belmont St - Multi-Family CONDO FOR SALE


Detroit, MI 48202- North End
$350,000 USD
586-863-3300
553 Belmont St, Detroit, MI for Sale
$350,000 USD
Multi-Family CONDO - FOR SALE
1/37
1,102 SF | Request Cap Rate

553 Belmont St
Detroit, MI 48202
North End


OVERVIEW

Discover this beautifully renovated multifamily home in the heart of Detroit! This spacious property features two separate units, each offering 2 comfortable bedrooms and 1 full bathroom, making it an excellent option for multi-generational living, house hacking, or a solid investment opportunity. Both units have been recently remodeled, featuring fresh paint, updated flooring, and modern finishes throughout, creating a warm and inviting atmosphere. The kitchens are functional and stylish, perfect for everyday living or tenant use. As an investment property you can generate $1500 per month per unit. That's $36,000 gross annually! Whether you're looking to live in one unit and rent the other, or simply add a turnkey rental property to your portfolio, this home offers flexibility and income potential. Located in a growing area of Detroit, you'll be close to shopping, schools, public transportation, and major roadways, everything you need is just minutes away. Don’t miss this incredible chance to own a beautifully updated duplex in a city full of opportunity. Schedule your showing today! This property has an alarm and is being monitored and recorded via camera system.

FOR SALE DETAILS

PRICE

$350,000 USD

CAP RATE

Request Cap Rate

# OF UNITS

2

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

2,204 SF

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Sotero Lopez IIeXp RealtyMore Info
586-863-3300

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Sotero Lopez IIeXp RealtyMore Info
586-863-3300

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.