Save

ImagesMap

Two-story exterior featuring painted brick masonry, a covered front porch, a second-story balcony, and concrete driveway

Multi-level residence featuring painted brick exterior, covered front porch, second-story balcony, and concrete driveway

Kitchen featuring white cabinetry, stone-finish countertops, stainless steel sink with metal faucet, black refrigerator, and wood-finish flooring

Kitchen featuring wood-finish flooring, white cabinetry, a stone-patterned countertop, and a stainless steel gas range and refrigerator

Kitchen area featuring white shaker-style cabinetry, stone-finish countertop, stainless steel refrigerator, black gas range, and wood-finish flooring

Kitchen featuring wood-finish flooring, textured wall treatments, a built-in wood-finish cabinet, and a stainless steel gas range

Room featuring crown molding, neutral wall color, casement windows, and architectural doorway trim

Interior space featuring crown molding, neutral wall finishes, wide door casings, and a built-in shelving unit

Interior space featuring crown molding, multi-pane windows, and wall-to-wall carpeting

Interior room featuring neutral wall paint, white door casing, wall-mounted lighting, and oversized window coverage

Neutral-toned walls accented by classic white door and window casings, wide cased openings, and carpeted flooring

Interior space featuring carpeting, white window trim, and large multi-pane windows

Bathroom featuring a white enamel bathtub with a wall-mounted shower fixture, a single-basin vanity with integrated sink, and a rectangular mirror

Room featuring wood-plank accent wall detailing, textured ceiling, window with fixed-slat blinds, and paneled wood door

Room featuring textured gray wall finishes, a vertical masonry pillar, patterned textile flooring, and white trim molding surrounding a double-hung window

Interior room featuring textured wall finishes, patterned wall-to-wall carpeting, single-panel door with vintage-style hardware, and double-hung window with traditional casing

Built-in cabinetry featuring open shelving and three lower storage drawers, complemented by white painted woodwork and traditional door casing

PreviousNext

Go to image in carousel

Go to image in carousel

Go to image in carousel

Go to image in carousel

Go to image in carousel

Go to image in carousel

Go to image in carousel

Go to image in carousel

Go to image in carousel

Go to image in carousel

Go to image in carousel

Go to image in carousel

Go to image in carousel

Go to image in carousel

Go to image in carousel

Go to image in carousel

Go to image in carousel

PreviousNext

Description

Live in one, rent the other, or rent both! Listed at $153,000, 5378-5382 Vancouver Street is an updated brick duplex with two 2-bedroom units and about 2,088 square feet. Numerous updates, appliances included, and new mechanicals add value and appeal for investors, owner-occupants, and house hackers. At projected rents of $1,250 per unit, this property offers $2,500 in monthly gross rental potential ($30,000 annually) and an estimated 12.1% pro forma cap rate. Rent both units to grow your portfolio, or occupy one while the other's rental income helps offset your housing costs. Located in Detroit's west-side Tireman area with convenient access to New Center, Henry Ford Hospital, and Downtown's dining, entertainment, and employment destinations. Updated, available, and ready for your next move. Schedule your showing today! Projected cap rate uses full rental income, reported annual taxes of $2,818, estimated insurance of $1,200, and a 25% allowance for vacancy and other operating costs. Actual results may vary. Buyer to verify all information.

Details

Features

Interior

Exterior

Other

Taxes

Market Activity 48204

MLS Number: 61043469

Listing Provided By: Elijah Cook – (313) 694-6970 – ecooktherealtor@gmail.com

KW Metro – (248) 288-3500 – klrw608@kw.com