Money to be made here - pick up capital growth along with a solid rental income! Large triplex for sale- requires rehab- quotes from contractor can be provided upon request- One block from the Marygrove University allowing for instant tenants with no vacancy issues. Position, position, position- one three bedroom and two one bedroom units. All good sizes. A very solid brick building, with heaps of space and character to bring back to life. Pick up 20% plus in gross income PLUS instant equity after renovation !- convert to a section 8 tenancy for an even higher rental yield OR Possible to also turn into a large 5 bed, 3 bath SFR.
Only on the market for 30 days. Otherwise current owner will renovate himself and reap the rewards! Don’t miss your opportunity for 3 rental incomes in one of the most up and coming areas of Detroit! Real Estate is about position, position, position! This property ticks this Box and more!!