An opportunity to own a Detroit duplex with immediate rental income and the flexibility to occupy one unit while leasing the other! This two-family property offers approximately 2,360 square feet of above-grade living space, with two spacious units, each featuring three bedrooms and one full bathroom. **The upper unit is vacant and ready for its next occupant**, making this an appealing option for an owner-occupant interested in house hacking or an investor seeking to establish a new lease at current market rates. The lower unit is currently occupied by a month-to-month tenant paying $650 per month, providing an existing income stream with flexibility for future rental planning. The property offers generously sized rooms, separate living accommodations, and a practical layout that supports a variety of ownership strategies. While some cosmetic updates would enhance the interiors, the duplex presents an opportunity to make improvements over time while building long-term value. For buyers considering owner-occupancy, the vacant upper unit provides the convenience of moving into your own space while collecting rent from the lower unit to help offset housing expenses. Investors can explore the property's potential as a two-unit rental, with the opportunity to evaluate future improvements and rental income. Whether you're beginning your real estate investment journey, expanding an existing portfolio, or looking for a property that combines homeownership with income potential, this Detroit duplex offers multiple possibilities. Fenced in lot to the right is included in the sale but the driveway to left is not the owner's property. Schedule your private showing and explore the opportunity! Buyer to verify all property information, rental details, and intended use. Proof of rental income will be available upon request.
Listed By
Agency Name: Real Estate One-W Blmfld
Agency Phone: 2488514100
Shown By
Agent Name: Harding Real Estate Team
Agent Phone: (734) 812-6900
Agency Title: Key Realty
Estimated Payment
$ 738.11 per month $486.65 Principal & Interest $226.08 Property Tax $25.38 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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1350 Drexel Street | MLS# 20261088588
This multi-family property located at 1350 Drexel Street, Detroit, Mi 48215 is currently listed for sale with an asking price of $87,000. Drexel Street is located within the Detroit school district. Search Detroit real estate on www.hardingrealestateteam.com today.