MI > Detroit > Joseph Tiremans Sub Of O L 4 5 & 6
Detroit, MI 48204,5272 Maplewood ST
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Detroit, MI 48204,5272 Maplewood ST
Detroit, MI 48204,5272 Maplewood ST
Detroit, MI 48204,5272 Maplewood ST
Detroit, MI 48204,5272 Maplewood ST

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Additional details
Larry Else

Larry Else

+1(313) 315-3215
$ 189,900
Est. payment /mo
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5272 Maplewood ST Detroit, MI 48204

2 Baths

1,900 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 1,900 sqft

Price per Sqft $99

Subdivision Joseph Tiremans Sub Of O L 4 5 & 6

MLS Listing ID 20251060023

Style Colonial

Full Baths 2

Year Built 1921

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type MultiFamily

Property Description

Unmissable opportunity to acquire a turnkey, cash-flowing duplex with exceptional tenants. This meticulously maintained property is the perfect addition to any serious investment portfolio. Current rents are $1,930 total, with a significant value-add opportunity to immediately adjust to the market rate of $2,400 total, unlocking maximum cash flow and the potential for a 14% Cash-on-Cash ROI! Two spacious units, each featuring 2 bedrooms and 1 full bath, plus a desirable and highly functional and attractive layout; ?Living Room, ?Formal Dining Room, ?Eat-in Kitchen, ?Dedicated Den/Office, ?Separate basement storage units and utility areas. Benefit from performing, clean, and cooperative tenants who pay on time and meticulously handle snow removal and lawn care—drastically reducing your operating expenses and management headaches! This property boasts extensive, high-cost updates, minimizing future capital expenditures:
?Major Systems Updated: Newer Roof (2018), Newer Vinyl Windows, Updated Electrical Fixtures, Updated Plumbing, and Updated Mechanicals. Refinished and maintained hardwood floors, glass block windows, updated gutters, and new doors. Tenants pay for their own Gas and Electric. Both tenants contribute to a DTE Home Protection Plan covering the Furnace and Hot Water Tank! This is a rare, low-stress, high-performing asset. Seize the chance to immediately boost your portfolio's performance!

Location

State MI

County Wayne

Area Area05101Detsouthofgrandriver

Rooms

Basement Full, Unfinished

Interior

Heating ENERGYSTARQualifiedFurnaceEquipment, NaturalGas

Fireplace No

Exterior

Parking Features OnStreet

Pool None

View Y/N No

Garage false

Building

Foundation Basement, BrickMortar

Sewer PublicSewer

Water Public

New Construction No

Schools

High Schools Detroit

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Conventional, FHA, VaLoan, WarrantyDeed

Listing Terms Cash, Conventional, FHA, VaLoan, WarrantyDeed

Special Listing Condition ShortSaleNo, Standard

Pets Allowed CatsOk, DogsOk

Realcomp MLS
©2025 Realcomp II Ltd. Shareholders
Listed by Zaid Kassab of EXP Realty Main
Larry Else

Larry Else

Broker | License ID: 386964

+1(313) 315-3215

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