Home > Detroit > Foreclosures > 1076 N Rademacher St, Detroit, MI 48209

1076 N Rademacher St, Detroit, MI 48209

$140,000




Price : 140000.00

🛌🏻 1 Bedrooms
🛀🏻 3 Bathrooms
🚗 Parking
Size   2316 sq/ft
Built Area   2316 sq/ft
Flooring   
Cooling   
Heating   
Property Type   House for sale
Features   Gas Water Heater, Type:Multi Family, Duplex, Year Built:1915, Heating:Forced Air, Natural Gas, Cooling:, Parking:1 Garage space, Days on Zillow:54 Days, Price/sqft:$60, Buyers Agency Fee:3, Offer Review Date:
Exterior   
Kitchen   

Overview

This property is a fantastic investment opportunity. Both units are currently occupied, with the upper unit being a long term tenant. Room for future rental increases with small upgrades. Located in Southwest Detroit, an area that is currently undergoing significant investment, particularly with the ongoing development of the Gordie Howe Bridge. This property offers a rare chance that you shouldnt miss out on. The lower unit has received several recent updates, including newer flooring, tub, doors, electric panels, hot water tank and a freshly painted basement, among other improvements. This duplex is made of brick, ensuring durability and low maintenance. The propertys location is highly desirable, and it holds excellent rental potential. You can choose to keep it as a cash-flowing rental property or live in one unit while renting out the other, which is known as house hacking. The possibilities with this property are numerous. Each unit in the duplex consists of two bedrooms and a bathroom. Additionally, the purchase includes half of lot 131, which is perfect for extra parking or a tenant common area. Please note that the property is being sold as-is, and the buyer will assume any necessary municipal inspections and repairs. Its important to mention that all data and measurements provided are approximate and not guaranteed. The buyer should verify all information and data independently. Lastly, please refrain from approaching or disturbing the current tenants.