$9,902/mo
Invest in the hottest neighborhood in Detroit with this beautiful duplex in historic Corktown! Located in the heart of Corktown, steps from Michigan Avenue and a short stroll to Ford Motor Company’s new Mobility Headquarters! Each unit is 1200 SF with 3 bedrooms, 1 bath, and a private front porch! Your tenants will love the charming location nestled among homes with a short walk to restaurants and entertainment. Option to live in one unit and rent the other. Each unit features stairs leading to an attic, offering potential for an additional bedroom. Convert both units to 4 bedrooms and boost your monthly income! ***Note: A single family home is located and included in the sale on the same lot and can be rented for maximum income. See MLS Number…20240045117.*** The SFH is a 2900 SF, 4 Bed/2 Bath built in 1880. Large basement with exit to street level has possible conversion for additional income. For added income, the SFH attic measures a whopping 37’ X 15’! Create a unique spacious recreation space/lounge or large grand bedroom with awesome views of downtown Detroit! One possibility is to convert the single family home to a Bed & Breakfast and rent the Duplex. Numerous rental options exist, such as long term rentals, short term, or a hybrid mix to maximize cash flow while providing income stability. [Prospective buyers are advised to verify local zoning laws & regulations to ensure compliance with conversion requirements.] Rent immediately or make slight improvements for increased income & long term appreciation. Pro-forma available upon request. Also, an opportunity in the future to spilt the Duplex from the lot and sell separately
