Colonial,Craftsman - Detroit, MI

Great opportunity to own a 3-unit multifamily in Detroit’s Schoolcraft Southfield neighborhood. Property features a 2-bedroom main-floor unit, with the upper level divided into a 1-bedroom and a studio. The 1-bedroom is currently Section 8 occupied at $1,180/month. The rehabbed 2-bedroom was previously rented for $1,322/month, and the rehabbed studio previously rented for $900/month, creating projected gross rents of approx. $3,400/month when fully leased. Includes separate gas and electric meters, improving expense control and cash flow. Strong option for investors or owner-occupants seeking income with upside in a solid rental area. Convenient access to major roads, shopping, and neighborhood amenities.

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