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Duplex - Detroit, MI
REDUCED! FULLY RENOVATED CASH-FLOW GEM NEAR BOSTON EDISON DISTRICT
Located just six minutes from the historic Boston Edison District, this exceptional duplex at 2463 Ford sits nestled on a 3,485 sq. ft. lot in a quiet, stable neighborhood of homeowners.
This jewel is an investor’s dream, featuring significant recent capital improvements designed for low-maintenance operation:
• Exterior: Brand new tear-off 40-year Crown roof, gutters, and trim. Most windows have been upgraded to top-of-the-line, maintenance-free, Low-E appointments.
• Systems: Brand new furnaces and newly installed hot water tanks, brand new plumbing, and updated electrical systems ensure hassle-free cash flow for years to come.
• Interiors: Two spacious units (one two-bedroom, one three-bedroom) feature freshly renovated bathrooms, new paint throughout, and newly refurbished or curated hardwood floors.
IN...
INVESTMENT HIGHLIGHTS:
This property offers reliable monthly income of over $2,500. Tenants are responsible for all utilities except water, allowing this investment to generate a robust return on investment of just under 20 percent.
Taxes have been successfully reduced to approximately $200 per month.
This diamond is ready to be wrapped around a lucky owner's finger soon!
Note: No showings without an accepted full-list offer.
LET'S CLOSE
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