$114,000 for Sale
5500 chalmers street, detroit, MI 48213
| Beds 4 | Baths 2 | 1,904 Sqft | 0.14 Acres |
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Property Description
**AMAZING 12% Cap Rate**HIGH ROI**CORNER LOT OPPORTUNITY**TURNKEY INVESTOR GEM located in a prime Detroit location. This ranch-style duplex is a cash flow powerhouse, rented at $800 and $900 per unit, generating a total of $1,700/month. It is priced to sell and offers incredible potential for investors seeking high returns. Start making money from day one! Each unit features well-maintained interiors and reliable tenants in place. Situated on a corner lot, the property boasts excellent curb appeal and easy access to local amenities. Low maintenance and high-performing, this is an opportunity you don't want to miss. This turnkey property is professionally managed, allowing you to sit back and enjoy the passive income. Clean title, warranty deed, and title insurance provided. Tenant ledger available upon request.
General Information
Sale Price: $114,000
Price/SqFt: $60
Status: Active
MLS#: rcomi20240091996
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: sefton park sub
Acres: 0.14
Lot Dimensions: 40.00 x 150.00
Bedrooms:4
Bathrooms:2 (2 full, 0 half)
House Size: 1,904 sq.ft.
Acreage: 0.14 est.
Year Built: 1951
Property Type: Single Family
Style: Ranch
Features & Room Sizes
Bedroom 1:
Bedroom 2 :
Bedroom 3:
Bedroom 4:
Family Room:
Greatroom:
Dinning Room:
Kitchen:
Livingroom:
Pole Buildings:
Paved Road: Paved
Garage: No Garage
Garage Description: Detached
Construction: Brick
Exterior: Brick
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Public Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $1,962
Est. Winter Taxes: $107
Legal Description: E CHALMERS 109 SEFTON PARK SUB L38 P86 PLATS, W C R 21/478 40 X 150
IDX provided courtesy of Realcomp II Ltd. via Remerica United Realty and Realcomp II Ltd, ©2025 Realcomp II Ltd. Shareholders
Listing By: Hassan Hammoud of U.S. Investor Group, Phone: (313) 644-0034
