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$125,000
5 Beds ⋅ 2 Baths ⋅ 20261056866 MLS
This renovated 5-bedroom, 2-bath bungalow is currently tenant occupied with a lease generating $1,500 per month ($18,000 annually), providing immediate rental income from day one. The property was acquired in 2023 and extensively renovated prior to tenant occupancy, offering a low-maintenance investment with strong long-term appreciation potential. Featuring approximately 1,500 square feet of living space, a functional floor plan, and established rental history, this property is an excellent addition to any investor's portfolio. Photos taken prior to tenant occupancy are available upon verification of proof of funds. Tenant occupied—please do not approach or disturb the tenant. Showings are reserved for parties with an accepted offer only. This property is one of 20 investment properties offered individually or as part of a portfolio acquisition. Sellers are willing to complete the portfolio transaction through an entity sale, providing a streamlined acquisition process and potential tax and operational advantages. Buyers are encouraged to consult with their legal and tax advisors regarding the benefits of an entity acquisition. Buyer and Buyer's Agent to verify all information.

4625 Chalmers St, Detroit

Courtesy of EXP Realty Main 8885017085
$175,000
6 Beds ⋅ 2 Baths ⋅ 20261050453 MLS
Excellent investment opportunity on Detroit’s east side! This duplex on Lakewood Avenue has been owned by the same family for 55 years and is ready for its next chapter. The property offers tremendous potential for investors, owner-occupants, or buyers looking to renovate and build equity. With some TLC, this duplex could become a strong income-producing property or once again serve as a beautiful multi-generational family home. An adjacent vacant lot, under a separate address, is also available for purchase and may be purchased separately or together with the duplex, offering additional possibilities for expansion, parking, outdoor living, or future development (subject to local approvals). Bring your vision and unlock the potential of this East Detroit gem!

4327 Lakewood St, Detroit

Courtesy of EXP Realty Main 8885017085