Exceptional investment opportunity in desirable Russell Woods! This solid tri-plex offers strong long-term growth potential in one of Detroit’s consistently sought-after rental areas. The property features one spacious 3-bedroom unit (1st floor) and two 1-bedroom units (2nd floor). The 3-bedroom has rented for $1,450/month, while the 1-bedroom units command $800 and $900/month, with potential for even higher rents in today’s market. All units offer two private entrances and separate electric service for added tenant convenience. A common basement provides tenant laundry facilities and additional storage potential. Off-street parking includes a rear parking pad accommodating up to three vehicles. Rental certified with the City of Detroit, this income-producing property is well-positioned for both steady cash flow and future appreciation. A rare opportunity to own a highly desirable tri-plex in Russell Woods!
Listed By
Agency Name: Time Wise Realty Group LLC
Agency Phone: (734) 590-1150
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
Estimated Payment
$ 1,176.49 per month $1,118.18 Principal & Interest $0.00 Property Tax (data not provided by mls) $58.30 Homeowner's InsuranceIf you're searching for your next home, or just curious about the market there is no better tool to help you quickly find homes that meet your needs and wants.
4059 Tyler Street | MLS# 20261010032
This multi-family property located at 4059 Tyler Street, Detroit, MI 48238 is currently listed for sale with an asking price of $199,900. Tyler Street is located within the Detroit school district. Search Detroit real estate on www.ikeyrealty.com today.