3026 Lothrop Street, Detroit, MI 48206

$139,900
2
BA

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List Price
$139,900
Days on Market
1
MLS#
20261073681
Status
ACTIVE
Type
Multifamily
Bathrooms
2

Property Description

Excellent opportunity for investors or owner-occupants! This tenant-occupied multifamily property offers an established income stream from day one. Each unit features 2 bedrooms, 1 full bath, and a kitchen, along with an unfinished basement. Current rents are $900/month for the upper unit and $1,100/month for the lower unit. Both tenants pay their own gas and electric, while the landlord is responsible for taxes and water. Investors can take advantage of the existing cash flow, or a future owner-occupant can explore living in one unit while generating rental income from the other. Conveniently located north of W Grand Blvd and east of Grand River. Please respect tenant privacy and do not approach or disturb tenants. BATVAI.

Additional Information

Taxes
$3,916
Acres
0.08
Heating
Steam
School District
Detroit
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Ronnie Alauddin from Listing Office: EXP Realty Main.

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