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Brick facade with stone accents

Wood-finish flooring, white baseboards, and wall-mounted sconces

Wood-finish flooring, bay window, wall sconces, white trim, and a paneled door

Archway entry into a spacious room with wood-finish flooring, multiple windows, and a flush mount light fixture

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Tile flooring, wood-finish accent wall, dual basin stainless steel sink, mixed cabinetry, and neutral countertops

Light wood-finish flooring, ceiling fan, and window with white trim

Bathroom featuring a window, built-in tub, wall-mounted heater, and vanity with an integrated sink

Two windows with white trim, wood-finish flooring, and a ceiling fan

Two-story brick residence featuring a covered porch with column supports, dormer windows, and a prominent chimney

Brick exterior, covered front porch, dormer window, established landscaping, concrete sidewalk

Two-story brick exterior with multiple windows, a prominent brick chimney, and a flat roofline

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Brick exterior construction with multiple windows

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Description

Investment opportunity in the highly sought-after Boston-Edison Historic District, currently generating rental income with 2 of the 4 units occupied and 2 units vacant and ready for a new tenant or owner-occupant, giving a buyer the flexibility to step into a cash-flowing property while still having the option to move into one of the open units themselves. For buyers who prefer full occupancy before taking ownership, the vacant units can also be leased up prior to closing upon request. The property was previously rented at $4,200 per month when fully leased, with rent rolls available to support upon request. The current tenants have been in place for about a year and have consistently paid on time, and showings can be scheduled with just 24 to 48 hours' notice, making this one of the easier multi-unit properties to walk through compared to fully occupied buildings. This newly renovated property has been thoughtfully updated throughout, offering modern improvements while complementing the character of the surrounding historic neighborhood. Positioned in one of the most desirable and rapidly revitalizing areas of Detroit, the location provides convenient access to major employment centers and popular local attractions, including the iconic Motown Museum, Henry Ford Hospital, and the shops, dining, and entertainment along the Woodward Avenue corridor. Surrounded by beautiful historic architecture, tree-lined streets, and continued neighborhood investment, the area continues to attract strong tenant demand. With income history already established, room to add value by leasing up the vacant units, and a prime location in one of Detroit's most notable historic districts, this property presents a compelling opportunity for investors seeking cash flow, an owner-occupant looking to house hack, or anyone eyeing long-term appreciation in a historic neighborhood on the rise.

Details

Features

Interior

Exterior

Parking

Taxes

MLS Number: 20261065042

Listing Provided By: Drake O'Donnell – (313) 693-0984 – sales@natodmgt.com

NATOD Management – (248) 609-7108