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$ 139,900

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3026 Lothrop ST Detroit, MI 48206

2 Baths

2,054 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 2,054 sqft

Price per Sqft $68

Subdivision Crosman & Mc Kays Sub

MLS Listing ID 20261073681

Style Colonial,Duplex

Full Baths 2

Year Built 1926

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type MultiFamily

Property Description

Excellent opportunity for investors or owner-occupants! This tenant-occupied multifamily property offers an established income stream from day one. Each unit features 2 bedrooms, 1 full bath, and a kitchen, along with an unfinished basement. Current rents are $900/month for the upper unit and $1,100/month for the lower unit. Both tenants pay their own gas and electric, while the landlord is responsible for taxes and water. Investors can take advantage of the existing cash flow, or a future owner-occupant can explore living in one unit while generating rental income from the other. Conveniently located north of W Grand Blvd and east of Grand River. Please respect tenant privacy and do not approach or disturb tenants. BATVAI.

Location

State MI

County Wayne

Area Area05043Detlivernoisi756Gdriver

Rooms

Basement Unfinished

Interior

Heating Natural Gas, Steam

Fireplace No

Exterior

Pool None

View Y/N No

Garage false

Building

Foundation Basement, BrickMortar

Sewer Public Sewer

Water Public

Architectural Style Colonial, Duplex

New Construction No

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Conventional, FHA, VaLoan

Listing Terms Cash, Conventional, FHA, VaLoan

Special Listing Condition ShortSaleNo, Standard

Pets Allowed Call

Listed by Ronnie Alauddin of EXP Realty Main

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3026 Lothrop ST Detroit, MI 48206

Key Details

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Rooms

Interior

Exterior

Building

Schools

Others

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3026 Lothrop ST