Harding Real Estate Team

2398 Stair Street , Detroit, Mi 48209

$315,000
  • 2398 Stair Street , Detroit, Mi 48209 Main Photo

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BEDS8 BATHS3 full 1 partial SQUARE FEET3,024 MLS#20261063681
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONB U R N S S U B O F P T L T 7 S U B P C 60 S O F D I X R O A D SCHOOLDetroit

Property Description

Turnkey investment opportunity in Detroit! This updated 3-unit multifamily property offers a desirable unit mix consisting of two spacious 3-bedroom, 2-bath units and one 2-bedroom, 1-bath unit. The two 3-bedroom units are currently occupied and generating a combined $2,650 per month, while the 2-bedroom unit is currently vacant, providing an opportunity for the new owner to place a tenant and increase the property's rental income. The property has been thoughtfully updated with modern finishes and features several major improvements, including a new roof (2024) and new furnace (2024). Additional features include a finished basement and finished attic, offering extra usable space and versatility. With existing rental income, additional upside from the vacant unit, and tenants paying their own utilities, this property is well positioned for an investor looking for an income-producing multifamily asset with room to grow. Conveniently located with easy access to major roadways and Detroit amenities. Two units producing income from day one with the opportunity to further maximize cash flow - don't miss this one!

2398 Stair Street | MLS# 20261063681

This single family home located at 2398 Stair Street , Detroit, Mi 48209 is currently listed for sale with an asking price of $315,000. This property was built in 1922 and has 8 bedrooms and 3 full and 1 partial baths with 3024 sq. ft. Stair Street is located in the B U R N S S U B O F P T L T 7 S U B P C 60 S O F D I X R O A D subdivision within the Detroit school district. Search B U R N S S U B O F P T L T 7 S U B P C 60 S O F D I X R O A D real estate on www.hardingrealestateteam.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Finished
Cooling: Central Air, Window Units
Heating: Forced Air, Natural Gas
Home Style: Colonial
Lot Size: 0.08 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $5,223
Year Built: 1922

Amenities

Balcony

Feature Descriptions

Appliances: Free Standing Gas Range, Free Standing Refrigerator, Microwave, Washer Dryer Stacked
Days on Site: 8
Exterior: Aluminum Siding, Brick
Lot Dimensions: 30X110
Parcel#: W18I010029S
Parking: No Garage
Parking Notes: No Garage
Patio/Porch: Porch
Pets Allowed: Yes
Sewer: Public Sewer
Summer Tax: 2378
Water: Public
Winter Tax: 2845

Room Sizes

Primary Bedroom: 12 X 11
Bedroom: 10 X 11
Primary Bathroom: 8 X 6
Bath Lav: 5 X 6

Local Schools

School District: Detroit

Listed By / Shown By

Listed By

Agency Name: Golden Key Realty Group LLC
Agency Phone: 2484226962

Shown By

Agent Name: Harding Real Estate Team
Agent Phone: (734) 812-6900
Agency Title: Key Realty

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Estimated Payment

$ 2,289.15 per month $1,762.02 Principal & Interest $435.25 Property Tax $91.88 Homeowner's Insurance

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