11240 GLENFIELD STREET
Detroit, MI 48213
1856 sqft | 2 baths | 0.12 acres | #20250020472
Description
Check out this fantastic cash flowing investment property at 11238 Glenfield. A spacious side-by-side duplex offering 1,856 sq ft, with two units each featuring 2 bedrooms, 1 full bath, and separated basements and utilities. Both units are occupied with one long term section 8 tenant and one cash tenant. This provides a strong rent ratio right out the door but offers a value add opportunity with market rents at 900 to 1000 per unit. The property was recently certified with the city of Detroit so the CoC is good until 2027! Professionally managed and ready for a new investor to add to their portfolio. Located in the Gratiot-Findlay neighborhood north of Outer Drive and west of Gratiot and near the City Airport as well as 7 minutes to downtown.
Property Details
- Sewer InformationPublicSewer, SewerAtStreet
- Utility SourcePublic, WateratStreet
- Basement DescriptionFull, Unfinished
- FoundationBasement, Block
- Parcel NumberW21I010558S002
- Property TypeMulti-Family
- SubdivisionBERKHOLZ SUB
- MLS #20250020472
- Property SubtypeMultiFamily
- MLS #20250020472
- Original List Price$110,000
- School DistrictDetroit
- Taxes Annual$2,844
- Cost110000
- CountyWayne
- Acres0.12
- Square Feet1856
- Year Built1948
- PetsCall
- Bathrooms2
- Full Baths2
- Stories2
- Basement1
- Basement Finished1
- Days on Market (Cumulative)7
Location
Legal
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Last Updated: . Source: REALCOMP
Listing Courtesy
Listing Agent: Timothy Moore (#2431777), Email: tim.moore@zestpm.com
Listing Office: Zest Realty LLC (#431722)
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