$78,000
For Sale

14528 LAPPIN STREET

Detroit, MI 48205
1350 sqft | 2 baths | #20240053736
Type:Multi-Family
Structure:House
Zone:Residential

Description

This high-yielding investment opportunity in Detroit awaits you! This duplex (2/1 downstairs and 1/1 upstairs) is occupied by long term tenants at monthly rent income of $1,400. Tenant pays water and gas (separately metered), Landlord pays water. Investment yield 16.8%. Garage for 1.5 cars, property is well maintained. Favorable price for the portfolio of 7 homes: 14570 Lappin, 14988 Lappin, 14258 Lappin, 14534 Lappin, 14845 Maddelein, 14465 Maddelein, and 15030 Rossini - contact Agent for details. ** Tenant-occupied homes please do not approach the properties or disturb tenants. Viewing/inspection upon signed LOI.

  • Interior Details
      • HeatingForced Air
    • Beds & Baths
      • Total Baths2.00
      • Bathrooms2
      • Full Baths2
  • Property Details
      • Square Feet1350
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1926
  • Community and Neighborhood Details
      • ZoningMulti-Family
      • School DistrictDetroit
      • RegionDetroit
      • CountyWayne
  • Financial Details
      • Original List Price$78,000
  • Other
      • MLS #20240053736

Location

Alexis ThompsonReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00