15716 CHERRYLAWN STREET

Savvy Investors - 100% Occupied Duplex! Amazing opportunity to own a FULLY-RENTED duplex just south of Bagley in the emerging, Fitzgerald-Marygrove neighborhood! This well-maintained duplex features two 2 Bed 1 Bath units. Lower unit is currently leased for $850/month & the upper unit is currently leased at $750/month - totaling $1600/month in rental income. The property includes numerous updates & renovations including new roof, new flooring throughout, newly installed furnaces & hot water tanks, updated kitchens & bathrooms, fresh painting, & much more! (Scope of Work available) There is a driveway & parking pad out back for at least 2 vehicles or street parking is also available. GREAT LOCATION - 6 minutes to University of Detroit Mercy & 7 minutes to the Avenue of Fashion on Livernois with restaurants, shops, & more! Easy access to M-10 Freeway. Just an 11 minute drive to Downtown Detroit. Don't miss out on this opportunity to add a robust income generator to your portfolio offering substantial returns! Part of a 3-property rental portfolio in Detroit that can be sold individually or together - 15776 Snowden, Detroit (SFH - MLS#20240038451) & 5900 Lenox, Detroit (Duplex - MLS#20240038520)