27
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$295,000
Est. payment /mo
2 Baths
2,431 SqFt
Price Dropped by $20K
19970 Stratford Road Detroit, MI 48221 1864
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,431 sqft
Price per Sqft $121
Subdivision Mi
MLS Listing ID 60985915
Style 2 Story
Full Baths 2
Year Built 1934
Annual Tax Amount $8,375
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 40X120
Property Sub-Type Multi-Family
Property Description
If you're looking for a true turnkey investment in one of Detroit's most established neighborhoods, look no further. This fully occupied triplex on Stratford sits in the heart of the Palmer Park community and is generating $3,500 per month in rental income with all three tenants currently in place and paying. The property offers 2,931 square feet of living space spread across two spacious 3-bedroom units and one 1-bedroom unit, with a shared driveway and a private rear parking lot that tenants love. The whole package is move-in ready, so a new owner can step in and start collecting checks from day one. Located just steps from the beautiful Palmer Park, which features hiking and biking trails, tennis courts and an 18-hole golf course, and minutes from the University of Detroit Mercy, Marygrove College, Henry Ford Hospital, and all the shopping and dining along Woodward Avenue and McNichols Road. Whether you're a seasoned investor or just getting started, this is the kind of property that rarely comes available in this neighborhood.
Location
State MI
County Wayne
Area Detroit (82001)
Rooms
Basement Partially Finished
Interior
Heating Forced Air
Fireplace No
Exterior
Exterior Feature Brick
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by NATOD Management
Nearby Locations
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