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

THIS PROPERTY HAS BEEN APPRAISED FOR $350,000 WE CAN EMAIL YOU THE REPORT 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 Notice.