5305 Newport Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48213
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20251043023
Year Built 1929
Annual Tax Amount $3,123
Lot Size 4,791 Sqft
Property Description
Attention all buyers, investors and house hackers alike. Take a look at this absolutely charming duplex located in Chandler Park Chalmers. This property offers 2 extremely large units. There are two 2 bedroom 1 bath units. Both units were cosmetically upgraded and freshly rehabbed to an extent. This property offers a grand opportunity for a buyer who would like to live in one unit and rent the other one day. Or you can buy and hold for an immediate return from day one This property has one section 8 tenant and one cash paying tenant. The gross income per month is 1095 (Cash Paying) and 1100 (Section 8) for a total rent of 2195. The seller has put so much care into doing this restoration the right way. The Chandler Park Chalmers area offers historic beauty of the Detroit renaissance we all know and love. Some of the most impressive architecture found in the Midwest is sitting right here for the taking. Don't miss your chance... Come take a look before this property is gone forever!
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Residential
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Structure Type Brick,Vinyl Siding
Schools
School District Detroit
Others
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan