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$114,000 for Sale

5500 chalmers street, detroit, MI 48213

Beds 4 Baths 2 1,904 Sqft 0.14 Acres 1 of 3
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Property Description
**AMAZING 12% Cap Rate**HIGH ROI**CORNER LOT OPPORTUNITY**TURNKEY INVESTOR GEM located in a prime Detroit location. This ranch-style duplex is a cash flow powerhouse, rented at $800 and $900 per unit, generating a total of $1,700/month. It is priced to sell and offers incredible potential for investors seeking high returns. Start making money from day one! Each unit features well-maintained interiors and reliable tenants in place. Situated on a corner lot, the property boasts excellent curb appeal and easy access to local amenities. Low maintenance and high-performing, this is an opportunity you don't want to miss. This turnkey property is professionally managed, allowing you to sit back and enjoy the passive income. Clean title, warranty deed, and title insurance provided. Tenant ledger available upon request.
General Information
Sale Price: $114,000
Price/SqFt: $60
Est. Payments: $732
Calculate Payments Mortgage Rates
Status: Active
MLS#: 60361008
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: sefton park sub
Acres: 0.14
Lot Dim: 40.00 x 150.00
Bedrooms:4
Bathrooms:2   (2 full, 0 half)
House Size: 1,904 sq.ft.
Acreage: 0.14 est.
Year Built: 1951
Property Type: Single Family
Style: Ranch
Features & Room Sizes
Bedroom 1:  10x10
Bedroom 2 :  10x12
Bedroom 3:  10x10
Bedroom 4:  10x10
Family Room: 
Greatroom: 
Dining Room: 
Kitchen: 
Livingroom: 
Pole Buildings: 
Paved Road:  Paved Street
Garage:  No Garage
Garage Description:  Detached Garage
Exterior:  Brick
Basement:  Yes
Basement Description:  Unfinished
Foundation :  Basement
Heating:  Forced Air
Fuel:  Natural Gas
Waste:  Public Sanitary
Watersource:  Public Water
Tax, Fees & Legal
Est. Summer Taxes:  $1,962
Est. Winter Taxes:  $107
HOA fees: 


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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Hassan Hammoud of U.S. Investor Group

This listing last updated: Tue, February 25, 2025 at 11:07:08 AM EST

MIRealSource Listing Data Last Updated On Thursday, May 1 2025 at 5:10pm
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Listings presented by:
Hassan Hammoud
U.S. Investor Group
Call: (313) 702-2552

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