Turnkey Investor Gem in Prime Detroit Location!
This ranch-style duplex is a cash-flow powerhouse—one unit is currently rented at $900/month, with the second unit ready to lease for the same, bringing total potential income to $1,800/month. Priced to sell, this low-maintenance property offers strong returns from day one.
Both units feature updated interiors, with one already occupied by a reliable tenant. Located on a corner lot, the property has great curb appeal and convenient access to local amenities. Professionally managed for truly passive income.
Tenant ledger available upon request. Don’t miss this high-performing investment opportunity!
This ranch-style duplex is a cash-flow powerhouse—one unit is currently rented at $900/month, with the second unit ready to lease for the same, bringing total potential income to $1,800/month. Priced to sell, this low-maintenance property offers strong returns from day one.
Both units feature updated interiors, with one already occupied by a reliable tenant. Located on a corner lot, the property has great curb appeal and convenient access to local amenities. Professionally managed for truly passive income.
Tenant ledger available upon request. Don’t miss this high-performing investment opportunity!
Property Details
Price:
$120,000
MLS #:
20251019871
Status:
Active
Beds:
0
Baths:
2
Address:
5500 Chalmers Street
Type:
Single Family
Subtype:
Multi Family
Subdivision:
SEFTON PARK SUB
Neighborhood:
05055 – Det Con-Mors/Grat. Hstn/7 Mack
City:
Detroit
Listed Date:
Jul 22, 2025
State:
MI
Finished Sq Ft:
1,951
ZIP:
48213
Year Built:
1951
See this Listing
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…
More About AndreaMortgage Calculator
Schools
School District:
Detroit
Interior
Bathrooms
2 Full Bathrooms
Heating
Forced Air, Natural Gas
Exterior
Architectural Style
Duplex
Construction Materials
Block, Brick
Financial
Taxes
$4,058
Map
Community
- Address5500 Chalmers Street Detroit MI
- SubdivisionSEFTON PARK SUB
- CityDetroit
- CountyWayne
- Zip Code48213
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