5271 DREXEL ST Detroit MI 48213 MLS #20240041859

5271 DREXEL ST
Detroit, MI, 48213
$145,000
Beds
2 Baths
1,892 SqFt
0.08 Acres
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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.

Property Details

Price:
$145,000
MLS #:
20240041859
Status:
Active
Beds:
0
Baths:
2
Address:
5271 DREXEL ST
Type:
Single Family
Subtype:
Multi Family
Subdivision:
PARKSIDE MANOR
Neighborhood:
05055 – Det Con-Mors/Grat. Hstn/7 Mack
City:
Detroit
Listed Date:
Jun 13, 2024
State:
MI
Finished Sq Ft:
1,892
ZIP:
48213
Lot Size:
3,485 sqft / 0.08 acres (approx)
Year Built:
1928
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Meet Andrea Stephan, an accomplished real estate professional with industry experience and a heart dedicated to service. With a background in education, Andrea began her journey as a former teacher, where her passion for nurturing others blossomed. Transitioning seamlessly into the business world, Andrea played a pivotal role in building a property management company from the ground up. Her relentless dedication and innate ability to connect with others have been instrumental to her success. C…

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Schools

School District:
Detroit

Interior

Bathrooms
2 Full Bathrooms
Heating
Hot Water, Natural Gas

Exterior

Architectural Style
Duplex
Construction Materials
Brick
Exterior Features
Balcony
Parking Features
One Car Garage
Parking Spots
2
Roof
Asphalt

Financial

Taxes
$1,113

Map

Community

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5271 DREXEL ST
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