5287 Spokane St, Detroit, MI 48204

Calling all investors searching for an income-generating asset- Don't miss out on this remarkable opportunity to own a brick multi-unit property in the vibrant city of Detroit! With its convenient location and attractive features, this property has great return on investment potential for savvy buyers. This two-level property is turn-key & tenant ready. It features two 3-bedroom units that have been freshly painted throughout with new carpet, updated bathrooms, electrical & plumbing. Both kitchens have been refreshed & there are new light fixtures & new windows. In terms of cash flow, this property can generate substantial income, with the potential to earn up to $2,400 per month when fully rented. Detroit's rental market is thriving, making this property an excellent opportunity for those seeking a steady stream of rental income that equals an 18% Cash on Cash return! ($28,800 annual rent - $10,206 Projected annual operating expenses / $100k initial investment = 18.5%) This location offers easy access to a variety of amenities that tenants are looking for including shops, markets, restaurants, entertainment & career options such as Wayne State University, Henry Ford Hospital, Motown Museum, Pi Sci Pizza, Zebee Fish Market, plus it’s only 14 minutes from Downtown. Don’t miss out on this cash flow potential!