BEDS0
BATHS2 full
SQUARE FEET2,431
MLS#20261027321
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONWoodward
SCHOOLDetroit
Property Description
If you're looking for a true turnkey investment in one of Detroit's most established neighborhoods, look no further. This fully occupied triplex on Stratford sits in the heart of the Palmer Park community and is generating $3,500 per month in rental income with all three tenants currently in place and paying. The property offers 2,931 square feet of living space spread across two spacious 3-bedroom units and one 1-bedroom unit, with a shared driveway and a private rear parking lot that tenants love. The whole package is move-in ready, so a new owner can step in and start collecting checks from day one. Located just steps from the beautiful Palmer Park, which features hiking and biking trails, tennis courts and an 18-hole golf course, and minutes from the University of Detroit Mercy, Marygrove College, Henry Ford Hospital, and all the shopping and dining along Woodward Avenue and McNichols Road. Whether you're a seasoned investor or just getting started, this is the kind of property that rarely comes available in this neighborhood.
Property Features
Property Type: Multi Unit - Multiple
Basement: Partially Finished
Fuel Type: Natural Gas
Heating: Forced Air
Home Style: Colonial
Lot Size: 0.11 Acres
Year Built: 1934
Feature Descriptions
Architecture: Colonial
Days on Site: 3
Exterior: Brick
Foundation: Basement
Lot Dimensions: 0.11 Acre(s)
Lower Level Finished Sqft: 500
Road Frontage: Paved
Summer Tax: $15737.6700
Winter Tax: $375.0000
Local Schools
School District: Detroit
Listed By / Shown By
Listed By
Agency Name: NATOD Management
Agency Phone: (248) 609-7108
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
Estimate Your Payment
Estimated Payment
$ 1,853.90 per month $1,762.02 Principal & Interest $0.00 Property Tax (data not provided by mls) $91.88 Homeowner's Insurance
19970 Stratford Road | MLS# 20261027321
This multi-family property located at 19970 Stratford Road , Detroit, MI 48221 is currently listed for sale with an asking price of $315,000. Stratford Road is located within the Detroit school district. Search Detroit real estate on www.ikeyrealty.com today.