$120,000
For more information regarding the value of a property, please contact us for a free consultation.
5500 Chalmers Street Detroit, MI 48213
2 Baths
6,098 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 20251019871
Sold Date 09/30/25
Year Built 1951
Annual Tax Amount $4,058
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 40X150
Source Realcomp
Property Description
Turnkey Investor Gem in Prime Detroit Location!This ranch-style duplex is a cash-flow powerhouse—one unit is currently rented at $900/month, with the second unit ready to lease for the same, bringing total potential income to $1,800/month. Priced to sell, this low-maintenance property offers strong returns from day one.Both units feature updated interiors, with one already occupied by a reliable tenant. Located on a corner lot, the property has great curb appeal and convenient access to local amenities. Professionally managed for truly passive income.Tenant ledger available upon request. Don't miss this high-performing investment opportunity!
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Residential
Direction North of Chandler Park / East of Chalmers
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W21I055433S
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
