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$ 125,000
Est. payment /mo
Pending
3000 CORTLAND Street Detroit, MI 48206
2 Baths
4,356 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 20250015885
Year Built 1925
Annual Tax Amount $1,967
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 35.00 x 121.00
Source Realcomp
Property Description
Welcome to 3000 Cortland, a fully occupied rental collecting $1,800/month (17.8% cap rate), with a month to month tenant in the upper, and a new tenant moving into the lower in November 1. The upper unit's attic has been converted to additional living space allowing for an easy rent increase. As you drive the street, you'll see a flurry of homes being renovated, with renovated units selling well beyond $200,000. This is a great option to house hack, to BRRR, or to make a quick flip.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Multi-Family
Direction South of M8, East of Dexter
Interior
Heating Hot Water
Exterior
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W12I003874S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by RE/MAX First