14570 LAPPIN STREET
Detroit, MI 48205
1605 sqft | 2 baths | #20240053755
Description
This high-yielding investment opportunity in Detroit awaits you! This duplex (2/1 downstairs and spacious 1/1 upstairs) is tenant occupied with monthly rent income of $1,700. Tenants pay water and gas (separately metered), Landlord pays water. Investment yield 21%. Interior was recently updated, and two new furnaces were installed in 2022. Detached garage. Favorable price for the portfolio of 7 homes: 14570 Lappin, 14988 Lappin, 14258 Lappin, 14534 Lappin, 14845 Maddelein, 14465 Maddelein, and 15030 Rossini - contact Agent for details. ** Tenant-occupied homes please do not approach the properties or disturb tenants. Viewing/inspection upon signed LOI.
Interior Details
- HeatingForced Air
Beds & Baths
- Total Baths2.00
- Bathrooms2
- Full Baths2
Property Details
- Square Feet1605
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1925
Community and Neighborhood Details
- ZoningMulti-Family
- School DistrictDetroit
- RegionDetroit
- CountyWayne
Financial Details
- Original List Price$80,000
Other
- MLS #20240053755
Location
Legal
Notice: This listing provided courtesy of Realcomp IDX (REALCOMP). The information contained in this listings has not been verified by us or the MLS and should be verified by the parties interested.
Listing Courtesy
Listing Agent: Kevin Devergilio (#396866)
Listing Office: REALTEAM Real Estate (#403050)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
