553 Belmont Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48202
Key Details
Property Type Multi-Family
Sub Type Colonial
Listing Status Active
Purchase Type For Sale
Square Footage 2,204 sqft
Price per Sqft $158
Subdivision Moore Hodges & Warrens Sub
MLS Listing ID 20251013568
Style Colonial
Bedrooms 2
Full Baths 2
Year Built 1910
Annual Tax Amount $2,119
Lot Size 5,662 Sqft
Property Sub-Type Colonial
Property Description
THIS PROPERTY HAS BEEN APPRAISED FOR $350,000 WE CAN EMAIL YOU THE REPORT.
Discover this beautifully renovated multifamily home in the heart of Detroit!
This spacious property features two separate units, each offering 2 comfortable bedrooms and 1 full bathroom, making it an excellent option for multi-generational living, house hacking, or a solid investment opportunity. Both units have been recently remodeled, featuring fresh paint, updated flooring, and modern finishes throughout, creating a warm and inviting atmosphere. The kitchens are functional and stylish, perfect for everyday living or tenant use. As an investment property you can generate $1500 per month per unit. That's $36,000 gross annually! Whether you're looking to live in one unit and rent the other, or simply add a turnkey rental property to your portfolio, this home offers flexibility and income potential. Located in a growing area of Detroit, you'll be close to shopping, schools, public transportation, and major roadways, everything you need is just minutes away. Don't miss this incredible chance to own a beautifully updated duplex in a city full of opportunity. Schedule your showing today! This property has an alarm and is being monitored and recorded via camera system.
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Zoning Multi-Family
Interior
Hot Water Natural Gas
Heating Forced Air
Building
Foundation Basement
Sewer Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Vinyl
Schools
School District Detroit
Others
Acceptable Financing Cash,Conventional,FHA,VA
Listing Terms Cash,Conventional,FHA,VA