BEDS0
BATHS2 full
SQUARE FEET2,392
MLS#20261032525
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONEast Detroit Dev Cos Sub 2
SCHOOLDetroit
Property Description
Turnkey multifamily investment opportunity generating strong cash flow in a high-demand rental market. This income-producing property is currently tenant occupied with a Section 8 tenant paying $2,300/month, offering immediate and reliable rental income for investors. Estimated 13% cap rate makes this an attractive addition to any rental portfolio. Property offers solid income potential with stable occupancy and low vacancy risk. Ideal for both seasoned investors and buyers looking to expand their cash-flowing assets. Conveniently located near major roads, shopping, schools, and public transportation. Do not disturb tenant. Proof of funds required prior to showing or release of additional information.
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished
Fuel Type: Natural Gas
Heating: Forced Air
Home Style: Duplex
Lot Size: 0.11 Acres
Year Built: 1941
Feature Descriptions
Architecture: Duplex
Days on Site: 36
Exterior: Brick, Wood
Foundation: Basement
Frontage Feet: 40
Lot Dimensions: 0.11 Acre(s)
Road Frontage: Paved
Summer Tax: $1013.0000
Winter Tax: $439.0000
Local Schools
School District: Detroit
Listed By / Shown By
Listed By
Agency Name: Sonic Realty LLC
Agency Phone: (313) 484-4696
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
Estimate Your Payment
Estimated Payment
$ 1,177.08 per month $1,118.74 Principal & Interest $0.00 Property Tax (data not provided by mls) $58.33 Homeowner's Insurance
3920 Devonshire Road | MLS# 20261032525
This multi-family property located at 3920 Devonshire Road, Detroit, MI 48224 is currently listed for sale with an asking price of $200,000. Devonshire Road is located within the Detroit school district. Search Detroit real estate on www.ikeyrealty.com today.