4249 Elmhurst in Detroit! This multi-family property offers 2 (3 bedroom 1 bathroom) units with very large light filled living rooms. This offers tremendous upside for the investor. Located in an established neighborhood with strong rental demand, this property has projected monthly income of $1,350 per unit ($2,700). Whether you’re looking to add to your rental portfolio or create long-term passive income. The property had a new roof put on in 2024, separate gas and electric meters, and the seller is offering credits for the HVAC and hot water tank.
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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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