Deal summary

Section 8 Multi-Family in Detroit, MI 48213 – $105,000

3 bed · 1 bath · 1904 sqft · built 1951 · Wayne County

Looking for a turnkey duplex with strong cash-flow potential? This 1,904 SF Detroit duplex offers an excellent opportunity for an investor looking for a low-maintenance buy-and-hold property. Turnkey Detroit duplex featuring a 2BR/1BA unit and a 1BR/1BA unit with approximately $2,100/month in potential rental income. The vacant unit has been fully renovated, while the second unit was fully renovated about 5 years ago and is currently occupied by a family member. The property is in excellent turnkey condition and needs nothing, making it a strong buy-and-hold opportunity with projected cash flow of approximately $677/month.

HUD rent $2,100/mo