$259,900
613 BELMONT Street Detroit, MI 48202
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$259,900
Est. payment /mo
2 Baths
3,920 Sqft Lot
UPDATED:
10/16/2024 10:04 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20240077994
Originating Board Realcomp
Year Built 1913
Annual Tax Amount $1,727
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 30.00 x 125.00
Property Description
Introducing an exceptional turnkey investment opportunity located in the North End neighborhood, just minutes from Hamtramck, Midtown, and Downtown. This fully renovated duplex, updated in 2019, offers a perfect blend of modern amenities and classic charm. Whether you're looking to live in one unit and rent out the other or fully lease both units for a steady stream of income, this property is primed for immediate financial returns.Key Features:Fully Renovated: New electric, windows, HVAC system, and roof—all installed in 2019. Both units boast modern kitchens and bathrooms, with gleaming hardwood floors throughout, offering durability and timeless appeal.Long-Term Tenancy: The upstairs unit is occupied by reliable, long-term tenants who have called this place home for over three years, ensuring immediate and steady rental income.Bonus Opportunity: Two adjacent side lots, owned by the Detroit Land Bank Authority (DLBA), are available as an additional purchase, offering endless possibilities for expansion, outdoor space, or further development.Located in a rapidly appreciating neighborhood with close proximity to key city attractions, this duplex is an excellent choice for both new and seasoned investors. Take advantage of the property's move-in-ready condition and the potential for additional growth with the side lots. This is a rare chance to acquire a hassle-free, income-generating asset in one of Detroit’s most sought-after areas. Don’t miss out on this prime investment—schedule your viewing today!
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Multi-Family
Direction 75 N exit off Holbrook. Take Holbrook to Oakland, go North on Oakland Ave. Left on Belmont.
Interior
Heating Forced Air
Cooling Central Air
Exterior
Waterfront No
View Y/N No
Building
Sewer Public
Water Public
Structure Type Brick
Others
Tax ID W03I002741S
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition {"Other":true}
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Listed by Symmetry Property Management & Realty, Inc