5500 Chalmers Street new Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48213
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20251019871
Year Built 1951
Annual Tax Amount $4,058
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 40X150
Source Realcomp
Property Description
Turnkey Investor Gem in Prime Detroit Location!This ranch-style duplex is a cash-flow powerhouse—one unit is currently rented at $900/month, with the second unit ready to lease for the same, bringing total potential income to $1,800/month. Priced to sell, this low-maintenance property offers strong returns from day one.Both units feature updated interiors, with one already occupied by a reliable tenant. Located on a corner lot, the property has great curb appeal and convenient access to local amenities. Professionally managed for truly passive income.Tenant ledger available upon request. Don't miss this high-performing investment opportunity!
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Residential
Direction North of Chandler Park / East of Chalmers
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Sewer Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID 21055433
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional