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$ 315,000
Est. payment | /mo
2 Baths
4,791 Sqft Lot
$ 315,000
Est. payment | /mo
2 Baths
4,791 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261027321
Year Built 1934
Annual Tax Amount $16,112
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 40X120
Source Realcomp
Property Description
If you're looking for a true turnkey investment in one of Detroit's most established neighborhoods, look no further. This fully occupied triplex on Stratford sits in the heart of the Palmer Park community and is generating $3,500 per month in rental income with all three tenants currently in place and paying. The property offers 2,931 square feet of living space spread across two spacious 3-bedroom units and one 1-bedroom unit, with a shared driveway and a private rear parking lot that tenants love. The whole package is move-in ready, so a new owner can step in and start collecting checks from day one. Located just steps from the beautiful Palmer Park, which features hiking and biking trails, tennis courts and an 18-hole golf course, and minutes from the University of Detroit Mercy, Marygrove College, Henry Ford Hospital, and all the shopping and dining along Woodward Avenue and McNichols Road. Whether you're a seasoned investor or just getting started, this is the kind of property that rarely comes available in this neighborhood.
Location
State MI
County Wayne
Zoning Multi-Family,Residential
Direction 8 Mile & Livernois
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W02I005172S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by NATOD Management
GET MORE INFORMATION
Shyanne Queen
Associate Broker/Team Lead | License ID: 6506049089
+1(616) 610-2005 | shyannesoldit@gmail.com