Located on a beautiful tree-lined block in the highly sought-after Woodbridge neighborhood, this 4-unit property is a prime investment opportunity. Each unit features 1 bedroom and 1 bathroom, offering cozy living spaces perfect for tenants looking to be near the heart of Detroit. With its proximity to Wayne State University, Henry Ford Hospital, Detroit Medical Center, and vibrant local restaurants, shops, and parks, this property is a magnet for tenants.
Three of the four units are currently rented, generating a strong monthly income of over $4,000 when fully occupied. This property is ideal for investors seeking steady cash flow in a desirable area with high rental demand.
Don’t miss this chance to own a multi-unit gem in one of Detroit’s most thriving neighborhoods!
Three of the four units are currently rented, generating a strong monthly income of over $4,000 when fully occupied. This property is ideal for investors seeking steady cash flow in a desirable area with high rental demand.
Don’t miss this chance to own a multi-unit gem in one of Detroit’s most thriving neighborhoods!
Property Details
Price:
$650,000
MLS #:
24057122
Status:
Active
Beds:
0
Baths:
0
Address:
1531 W Warren Avenue
Type:
Single Family
Subtype:
2 to 4 Units
City:
Detroit
Listed Date:
Oct 31, 2024
State:
MI
ZIP:
48208
Lot Size:
7,405 sqft / 0.17 acres (approx)
Year Built:
1911
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Schools
School District:
Detroit
Interior
Cooling
None
Fireplaces Total
1
Heating
Forced Air
Exterior
Construction Materials
Brick
Financial
Tax Year
2024
Taxes
$20,067
Map
Community
- Address1531 W Warren Avenue Detroit MI
- CityDetroit
- CountyWayne
- Zip Code48208
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1531 W Warren Avenue
Detroit, MI
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