3920 Devonshire Rd, Detroit, MI 48224
- $200,000
- 2
- BA
- 2,392
- SqFt
- List Price
- $200,000
- MLS#
- 20261032525
- Status
- ACTIVE
- Bathrooms
- 2
- Subdivision
- EAST DETROIT DEV COS SUB 2
Property Description
Turnkey multifamily investment opportunity generating strong cash flow in a high-demand rental market. This income-producing property is currently tenant occupied with a Section 8 tenant paying $2,300/month, offering immediate and reliable rental income for investors. Estimated 13% cap rate makes this an attractive addition to any rental portfolio. Property offers solid income potential with stable occupancy and low vacancy risk. Ideal for both seasoned investors and buyers looking to expand their cash-flowing assets. Conveniently located near major roads, shopping, schools, and public transportation. Do not disturb tenant. Proof of funds required prior to showing or release of additional information.
Additional Information
- Year Built
- 1941
- Basement Type
- Unfinished
- Acres
- 0.11
- Style
- Duplex
- Acres
- 0.11
- School District
- Detroit
- Heating
- Forced Air, Natural Gas
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Courtesy of Sonic Realty LLC 3134844696