14622 Faircrest Street, Detroit, MI 48205

$69,999
  • 14622 Faircrest Street, Detroit, MI 48205 Main Photo

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New to the Market Active
BEDS0 BATHS2 full SQUARE FEET1,540 MLS#20261036812
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONElite Gardens SCHOOLDetroit

Property Description

Incredible Turn-Key Investment Opportunity or House-Hacking Potential! Welcome to this income-generating multifamily property perfectly located just minutes from Downtown Detroit. This well-maintained duplex features two distinct units, providing immediate cash flow. The spacious lower unit offers 2 bedrooms and 1 bathroom, currently renting for $800/mo. The charming upper unit features 1 bedroom and 1 bathroom, currently renting for $750/mo. Both units have substantial value-add potential, with fair market rents in the immediate area averaging $1,000–$1,200 per unit!Major capital improvements have already been done for you, including two brand-new furnaces installed within the last two years, newer updated plumbing, and windows that are only 5 years old. Property features a low-maintenance yard with no garage to maintain. Unbeatable location with quick access to major freeways and local shopping hubs. Don't miss out on adding this Detroit gem to your portfolio!

14622 Faircrest Street | MLS# 20261036812

This multi-family property located at 14622 Faircrest Street, Detroit, MI 48205 is currently listed for sale with an asking price of $69,999. Faircrest Street is located within the Detroit school district. Search Detroit real estate on www.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished
Fuel Type: Natural Gas
Heating: Forced Air
Home Style: Duplex
Lot Size: 0.08 Acres
Year Built: 1927

Feature Descriptions

Architecture: Duplex
Days on Site: 2
Exterior: Shingle Siding
Foundation: Basement
Lot Dimensions: 0.08 Acre(s)
Road Frontage: Paved
Summer Tax: $740.0000
Winter Tax: $57.0000

Local Schools

School District: Detroit

Listed By / Shown By

Listed By

Agency Name: RE/MAX Dream Properties
Agency Phone: (734) 462-3600

Shown By

Agency Title: Key Realty
Agency Phone: 877-539-7589

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Estimated Payment

$ 411.98 per month $391.56 Principal & Interest $0.00 Property Tax (data not provided by mls) $20.42 Homeowner's Insurance

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