Welcome to your new home in vibrant and growing Hamtramck. It is walkable to everything the city has to offer, while still being a 10 minute ride from downtown Detroit. This is an exceptional property that has a beautifully restored 2-bedroom apartment upstairs, and a light filled 2-bedroom apartment downstairs. Both of these PLUS a standalone, 1-bedroom bonus rental home on the rear of the property. Everything in this building was fully renovated in 2024. All new kitchens, baths, drywall, hardwood flooring, plumbing, electrical, HVAC, roof in 2016, windows in 2016, exterior and interior paint. Laundry hookups are provided in the basement and the rear building has its own private laundry hookups. This building needs nothing. It would be great for investors looking for passive income, or for an owner to live in one unit and rent out the others. All units are currently leased for a total gross revenue of $3100 per month on yearly leases. All tenants are current on their leases and would like to stay. This property is a true gem and would make a great home or business opportunity.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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