MI > Detroit
Detroit, MI 48213,5271 DREXEL Street
Detroit, MI 48213,5271 DREXEL Street
Detroit, MI 48213,5271 DREXEL Street
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sat
14
Jun
Sun
15
Jun
Mon
16
Jun
Nick Schweihofer

Nick Schweihofer

Keller Williams Lakeshore

+1(616) 566-4619
$145,000
Est. payment /mo
2 Baths
3,484 Sqft Lot
Save

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20240041859

Year Built 1928

Annual Tax Amount $1,113

Lot Size 3,484 Sqft

Acres 0.08

Lot Dimensions 35.00 x 100.00

Source Realcomp

Property Description

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.

Location

State MI

County Wayne

Area Wayne County - 100

Zoning Multi-Family

Direction 16 Mile to Mound to 696 E merge onto 696 E use the right two lanes to take the I-94 W exit towards Detroit. Take exit 222A for Outer Drive towards Chalmers turn left onto Outer Drive turn right onto Chalmers Park Dr turn left onto Drexel.

Interior

Heating Hot Water

Exterior

View Y/N No

Building

Sewer Public

Water Public

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W21I050789S

Acceptable Financing Cash, Conventional, FHA, Contract

Listing Terms Cash, Conventional, FHA, Contract

Read Less Info
Listed by EXP Realty Main

Get More Information

agent

Nick Schweihofer

+1(616) 566-4619

Team Leader, Broker | License ID: 6506047709

Team Leader, Broker License ID: 6506047709

Name

Phone*

Message

I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Keller Williams Lakeshore, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

REVIEWS

MORE
  • Nick did an awesome job in helping us find and purchase our condo. He listened to our wants and identified options and in the end we found a good fit for our needs for a vacation home Since we are far from Holland Nick set up a couple video tours to reduce travel. Thanks Nick for all the hard work and insight. We are very excited about our new home!
    Gordon L
  • Nick was awesome to work with! I just went through the process of purchasing my first home and Nick couldn’t have made it any easier. He is super knowledgeable about the industry and the area. He answered all my questions and made sure to point out things I may not be thinking of since it was my first time going through the process. He was attentive, super responsive, easy to talk to, and truly cares about finding his clients a home they’ll love! I’m looking forward to working with him again in the future and would definitely recommend him as an agent!
    Emily Rzeszutko
  • Nick was amazing to work with! This was my first time buying a house. Nick was very patient and took the time to walk me through everything and address all my questions. He was always quick to respond. He was clearly knowledgeable about the area and was great at pointing out and educating me on issues to watch for as we walked through houses. I absolutely recommend Nick to anyone buying or selling a home, and look forward to working with him again in the future!
    Kayla Kocal
MORE
Quick Search