Harding Real Estate Team
BEDS0
BATHS2 full
SQUARE FEET2,088
MLS#20261086764
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLDetroit
Property Description
Live in one, rent the other, or rent both! Listed at $153,000, 5378-5382 Vancouver Street is an updated brick duplex with two 2-bedroom units and about 2,088 square feet. Numerous updates, appliances included, and new mechanicals add value and appeal for investors, owner-occupants, and house hackers.At projected rents of $1,250 per unit, this property offers $2,500 in monthly gross rental potential ($30,000 annually) and an estimated 12.1% pro forma cap rate. Rent both units to grow your portfolio, or occupy one while the other's rental income helps offset your housing costs.Located in Detroit's west-side Tireman area with convenient access to New Center, Henry Ford Hospital, and Downtown's dining, entertainment, and employment destinations. Updated, available, and ready for your next move. Schedule your showing today!Projected cap rate uses full rental income, reported annual taxes of $2,818, estimated insurance of $1,200, and a 25% allowance for vacancy and other operating costs. Actual results may vary. Buyer to verify all information.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Fenced: Yes
Heating: Forced Air, Natural Gas
Home Style: Upper Lower Apartment
Lot Size: 0.09 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $3,219
Year Built: 1916
Amenities
Balcony
Feature Descriptions
Days on Site: 7
Exterior: Aluminum Siding
Fencing: Back Yard, Fenced
Laundry: Gas Dryer Hookup, Washer Hookup
Lot Dimensions: 30X136.63
Parcel#: W16I002860S
Patio/Porch: Porch
Pets Allowed: Size Limit
Security: Smoke Detectors
Sewer: Sewer At Street
Summer Tax: 1464
Units: 2
Utilities: Above Ground Utilities
Water: Waterat Street
Winter Tax: 1755
Local Schools
School District: Detroit
Listed By / Shown By
Listed By
Agency Name: KW Metro
Agency Phone: 2482883500
Shown By
Agent Name: Harding Real Estate Team
Agent Phone: (734) 812-6900
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 1,162.83 per month $850.24 Principal & Interest $268.25 Property Tax $44.33 Homeowner's InsuranceChange Payment Information
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Agent License Information: Brokerage/Company License Number: MI-65-05366134
5378 Vancouver Street | MLS# 20261086764
This multi-family property located at 5378 Vancouver Street, Detroit, Mi 48204 is currently listed for sale with an asking price of $152,000. Vancouver Street is located within the Detroit school district. Search Detroit real estate on www.hardingrealestateteam.com today.