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Colonial - Detroit, MI

Turnkey 4-unit multifamily property located in a quiet, well-kept neighborhood of Detroit. The building features recently renovated units and is move-in ready, making it an ideal hands-off investment. Three of the four units are currently occupied by long-term tenants, generating $3,200 per month in gross rental income, with the fourth unit vacant and ready to lease, offering immediate upside. The current tenant mix includes two Section 8 tenants and one market-rate cash tenant, providing both stability and flexibility. This property offers consistent cash flow, minimal deferred maintenance, and strong tenant retention in a desirable rental area. A solid opportunity for investors seeking a true turnkey asset with room to increase returns. Vacant unit is available for showings. All other units will be available with an accepted offer. For more information please contact Jermaine.

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RE/MAX City Centre

Southfield, MI

(248) 635-6720

Jermaine Golden

RE/MAX City Centre
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Is this your property? Sell it faster with premium placement and targeted ads.