553 Belmont Street new

Detroit,MI 48202

$ 350000

- Bed

2 Baths

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Northville City

MLS Listing ID 20251013568

Year Built 1910

Annual Tax Amount $2,119

Lot Size 5,662 Sqft

Property Description

Discover this beautifully renovated multifamily home in the heart of Detroit!This spacious property features two separate units, each offering 2 comfortable bedrooms and 1 full bathroom, making it an excellent option for multi-generational living, house hacking, or a solid investment opportunity. Both units have been recently remodeled, featuring fresh paint, updated flooring, and modern finishes throughout, creating a warm and inviting atmosphere. The kitchens are functional and stylish, perfect for everyday living or tenant use. As an investment property you can generate $1500 per month per unit. That's $36,000 gross annually! Whether you're looking to live in one unit and rent the other, or simply add a turnkey rental property to your portfolio, this home offers flexibility and income potential. Located in a growing area of Detroit, you'll be close to shopping, schools, public transportation, and major roadways, everything you need is just minutes away. Don't miss this incredible chance to own a beautifully updated duplex in a city full of opportunity. Schedule your showing today! This property has an alarm and is being monitored and recorded via camera system.

Location

State MI

County Wayne

Area Wayne County - 100

Zoning Multi-Family

Interior

Heating Forced Air

Exterior

Amenities Available Pets Allowed

View Y/N No

Building

Sewer Public

Water Public

Structure Type Vinyl Siding

Schools

School District Detroit

Others

Acceptable Financing Cash,Conventional,FHA,VA Loan

Listing Terms Cash,Conventional,FHA,VA Loan

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