4357 W Philadelphia St, Detroit, MI 48204
- $175,000
- 2
- BA
- 2,462
- SqFt
- List Price
- $175,000
- MLS#
- 20261051308
- Status
- ACTIVE
- Bathrooms
- 2
- Subdivision
- STORMFELTZ-LOVELY CO SUB
Property Description
Investment opportunity featuring a well-maintained duplex in a desirable neighborhood with immediate income potential. The upper unit is tenant occupied through April 2027, generating $1,300 per month, while the vacant lower unit offers immediate occupancy for an owner-occupant or the opportunity to lease and maximize cash flow. Both units are approved for Section 8, expanding rental flexibility. Each spacious 3-bedroom, 1-bath unit offers a functional layout with a living room, dining room, and full kitchen. The lower unit includes two refrigerators, and both units enjoy private entrances along with shared access to the basement and attic, providing valuable storage space. A newer gas forced-air furnace, installed approximately 2024, offers added peace of mind. The property is being sold as-is and presents an excellent opportunity for investors looking to expand their portfolio or buyers interested in offsetting their mortgage with rental income. Located in a neighborhood known for its friendly atmosphere and convenient access to local amenities, this duplex offers flexibility, steady income, and long-term investment potential. With one unit already producing rental income and the other ready for immediate use, this property is well-positioned for both seasoned investors and owner-occupants alike.
Additional Information
- Year Built
- 1916
- Basement Type
- Common, Full, Unfinished
- Acres
- 0.08
- Style
- Colonial
- Acres
- 0.08
- School District
- Detroit
- Interior Features
- High Speed Internet, Programmable Thermostat
- Cooling
- Central Air
- Heating
- Forced Air, Natural Gas
- Exterior Features
- Lighting
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Courtesy of EXP Realty The Perna Team 8885017085