613 BELMONT Street new

Detroit,MI 48202 1362

$ 259900

- Bed

2 Baths

2121 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,121 sqft

Price per Sqft $122

Subdivision Mi

MLS Listing ID 60347368

Style 2 Story

Full Baths 2

Year Built 1913

Annual Tax Amount $1,727

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 30.00 x 125.00

Property Description

Introducing an exceptional turnkey investment opportunity located in the North End neighborhood, just minutes from Hamtramck, Midtown, and Downtown. This fully renovated duplex, updated in 2019, offers a perfect blend of modern amenities and classic charm. Whether you're looking to live in one unit and rent out the other or fully lease both units for a steady stream of income, this property is primed for immediate financial returns. Key Features: Fully Renovated: New electric, windows, HVAC system, and roof—all installed in 2019. Both units boast modern kitchens and bathrooms, with gleaming hardwood floors throughout, offering durability and timeless appeal. Long-Term Tenancy: The upstairs unit is occupied by reliable, long-term tenants who have called this place home for over three years, ensuring immediate and steady rental income. Bonus Opportunity: Two adjacent side lots, owned by the Detroit Land Bank Authority (DLBA), are available as an additional purchase, offering endless possibilities for expansion, outdoor space, or further development. Located in a rapidly appreciating neighborhood with close proximity to key city attractions, this duplex is an excellent choice for both new and seasoned investors. Take advantage of the property's move-in-ready condition and the potential for additional growth with the side lots. This is a rare chance to acquire a hassle-free, income-generating asset in one of Detroit’s most sought-after areas. Don’t miss out on this prime investment—schedule your viewing today!

Location

State MI

County Wayne

Area Detroit (82001)

Zoning Multi-Family

Interior

Heating Forced Air

Cooling Central A/C

Fireplace No

Exterior

Exterior Feature Brick

Waterfront No

Building

Story 2 Story

Foundation Basement

Water Public Water

Structure Type Brick

Schools

School District Detroit City School District

Others

Assessment Amount $340

Energy Description Natural Gas

Financing Cash,Conventional,FHA,VA

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