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For sale
  • $145,000

    5271 Drexel St, Detroit, MI 48213

    4beds
    1,892sqft
    : 
    Duplex
    Built in 1928
    -- sqft lot
    $106,400 Zestimate®
    $77/sqft
    $-- HOA

    What's special

    Exceptional Investment Opportunity in a Thriving Neighborhood!!!Seize the chance to own a cash-generating duplex in one of the most progressive and up-and-coming areas. This fully occupied property, currently home to long-term tenants on month-to-month leases, guarantees immediate cash flow with the potential for continued occupancy. There are many property highlights that would catch the eye of any savvy investor. This duplex has modern upgrades each unit has been recently updated in 2024, showcasing sleek, modern bathrooms and kitchens that enhance both aesthetic appeal and functionality. Enjoy the contemporary flair with newer kitchen cabinets that blend style and efficiency seamlessly. Rich hardwood floors grace both units, offering a perfect mix of durability and timeless beauty. This duplex represents an ideal entry point for new investors looking to dive into the real estate market, providing a manageable and lucrative opportunity from day one. For seasoned investors, the potential for impressive returns (ROI) is available in a rapidly growing market. **Important Note:** Please respect tenant privacy. DO NOT DISTURB OR APPROACH TENANTS. Adhering to tenant rights is crucial and in compliance with leasing laws.
    340 days
    on Zillow
    |
    106
    |
    9
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 05, 2025 at 07:19pm

    Listed by:

    Adrienne Ponce 888-501-7085,

    EXP Realty Main 888-501-7085

    Source: Realcomp II,MLS#: 20240041859MLS Logo
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Hot Water, Natural Gas
    Features
    • Basement: Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,892 sqft
    • Finished area above ground: 1,892

    Property

    Parking
    • Total spaces: 2
    • Parking features: One Car Garage
    • Garage spaces: 1
    Features
    • Levels: Three
    • Stories: 3
    • Patio & porch: Porch
    • Exterior features: Balcony
    • Pool features: None
    Lot
    • Size: 3,484.8 Square Feet
    • Dimensions: 35.00 x 100.00
    Details
    • Parcel number: W21I050789S
    • Zoning description: MultiFamily
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Duplex
    • Property subtype: Duplex
    Materials
    • Brick
    • Foundation: Basement, Block
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1928
    • Major remodel year: 2024

    Utilities & green energy

    • Electric: Service 100 Amp
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Subdivision: PARKSIDE MANOR
    Location
    • Region: Detroit

    Financial & listing details

    • Price per square foot: $77/sqft
    • Tax assessed value: $8,949
    • Annual tax amount: $1,113
    • Date on market: 6/13/2024
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Contract,Conventional,FHA,FHA 203K,Warranty Deed
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