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48211
48211
W84° 56' 6.9''
N42° 22' 28.8''
Contact Info
Jan Dijkers
1077620
Property Description

Excellent cash flow opportunity! Recently renovated, this 4-unit property offers a mix of studio, one-bedroom, and two-bedroom units, catering to a diverse tenant base and maximizing income potential. This property is in the quickly-growing North End neighborhood, walkable to restaurants and coffee shops. With the potential for steady rental income and the recent renovations minimizing maintenance costs, this quadplex stands as a strategic investment for those seeking to build a reliable stream of passive income in an emerging Detroit neighborhood. Due to location, unit sizes, and separate entrances, this is a versatile investment and could be a blend of short, mid and long-term rentals. Updates include: full unit remodels – kitchens with granite counters and new appliances, bathrooms with new vanities and fixtures, and new flooring throughout. Other recent updates: new furnaces, plumbing, roof, and hot water tanks. Gas and electric meters are separate, so tenants pay their own – water, lawn and snow included in the rent. PLEASE NOTE this property has some structural repairs and the property has been priced accordingly. Inspection reports and quotes available upon request. Property is rental certified with the City of Detroit (certificate of compliance).

7406 Oakland Street

Detroit, Michigan 48211, United States

  • Bedrooms : 4
  • Bathrooms : 4
  • Square Footage: 3,484.80 Sqft
$278,000
Listing ID#24334
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Basic Details
Property Type : Residential
Listing Type : Pending
Listing ID : 24334
Ref ID : 394450978
Price : $278,000
Bedrooms : 4
Bathrooms : 4
Square Footage : 3,484.80 Sqft
Lot Area : 0.08 Sqft
MLS : 20240093621
Office ID : MI308-001
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Agent info
Jan Dijkers
The Loft Warehouse
The Loft Warehouse
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