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Additional details
$ 380,000
Est. payment /mo
Active
5907 Iroquois ST Detroit, MI 48213
5 Baths
4,680 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 4,680 sqft
Price per Sqft $81
Subdivision Stephens Elm Park
MLS Listing ID 20251021902
Style Quadruplex
Full Baths 4
Half Baths 1
Year Built 1923
Property Sub-Type MultiFamily
Property Description
START CASH FLOWING - Two units leased at $1,759 and $960/month with room for rent increases. Discover a prime investment opportunity with this four-unit multifamily property located at 5907 Iroquois Street in Detroit. The building comprises three spacious three-bedroom units and one two-bedroom unit, offering a versatile portfolio for potential investors. Property Highlights: • Total of 11 bedrooms and 4 bathrooms across all units • Each unit features a comfortable layout suitable for various tenant needs • Recent updates include newer furnaces, hot water tanks, plumbing, and electrical panels, ensuring reduced maintenance costs and enhanced tenant satisfaction • Conveniently located near I-94, providing easy access to downtown Detroit, just a 10-minute drive away This property presents an excellent opportunity for both seasoned investors and those new to real estate investment. The combination of occupied units generating steady income and two units ready for occupancy makes this a compelling addition to any portfolio. Don't miss out on this chance to invest in a property with substantial income potential in a prime Detroit location. Contact us today to schedule a viewing or for more information.
Location
State MI
County Wayne
Area Area05052Det6Macki75Conner
Rooms
Basement Unfinished
Interior
Heating HotWater, NaturalGas
Exterior
Pool None
View Y/N No
Garage false
Building
Foundation Basement, Block
Sewer PublicSewer
Water Public
New Construction No
Schools
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
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Listed by Xhejms Shahinaj of Clyde Realty LLC