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  • Overview

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  • Sales & tax history

  • Schools

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Buy a multi-family propertyat 13364 CORBETT, Detroit, MI 48213

$165,000

$0/mo

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Multifamily

1,706 Sq. Ft.

5,227 Sq. Ft. lot

265 Days on market

60244098 MLS ID

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About 13364 CORBETT multi-family property

Prime Investment Opportunity in Detroit, MI - Fully Occupied Duplex with Section 8 Tenants. Welcome to 13364 Corbett, a fantastic income-generating duplex located in a thriving neighborhood of Detroit. This property presents an excellent chance for savvy investors to expand their portfolio or for those seeking a lucrative investment with consistent rental income. Property Features: 1. Duplex Perfection: This well-maintained duplex offers two separate units, each featuring 2 bedrooms and 1 bathroom, providing comfortable and spacious living spaces for tenants. 2. Turnkey Investment: Both units are currently rented out to reliable Section 8 tenants, ensuring a steady monthly income. The first unit is rented for $1,094 per month, while the second unit is rented for $900 per month, providing an attractive return on investment. 3. Hassle-Free Management: With Section 8 tenants, you can enjoy the benefits of timely rent payments and reduced vacancy risks, making property management a breeze. 4. Desirable Location: Detroit is known for its robust rental market, and this property's location offers easy access to schools, parks, shopping centers, and public transportation, enhancing its appeal to potential tenants. 5. Low Maintenance: The property's low-maintenance design and well-kept exterior contribute to a hassle-free ownership experience, saving you time and expenses. 6. Potential for Appreciation: Detroit's real estate market has shown promising signs of appreciation, making this property a promising long-term investment. 7. Investor's Dream: Whether you're an experienced investor or a newcomer to real estate, this duplex's strong rental history and consistent income stream make it an ideal addition to your investment portfolio. Don't miss out on this exceptional investment opportunity!
Prime Investment Opportunity in Detroit, MI - Fully Occupied Duplex with Section 8 Tenants. Welcome to 13364 Corbett, a fantastic income-generating duplex located in a thriving neighborhood of Detroit. This property presents an excellent chance for savvy investors to expand their portfolio or for those seeking a lucrative investment with consistent rental income. Property Features: 1. Duplex Perfection: This well-maintained duplex offers two separate units, each featuring 2 bedrooms and 1 bathroom, providing comfortable and spacious living spaces for tenants. 2. Turnkey Investment: Both units are currently rented out to reliable Section 8 tenants, ensuring a steady monthly income. The first unit is rented for $1,094 per month, while the second unit is rented for $900 per month, providing an attractive return on investment. 3. Hassle-Free Management: With Section 8 tenants, you can enjoy the benefits of timely rent payments and reduced vacancy risks, making property management a breeze. 4. Desirable Location: Detroit is known for its robust rental market, and this property's location offers easy access to schools, parks, shopping centers, and public transportation, enhancing its appeal to potential tenants. 5. Low Maintenance: The property's low-maintenance design and well-kept exterior contribute to a hassle-free ownership experience, saving you time and expenses. 6. Potential for Appreciation: Detroit's real estate market has shown promising signs of appreciation, making this property a promising long-term investment. 7. Investor's Dream: Whether you're an experienced investor or a newcomer to real estate, this duplex's strong rental history and consistent income stream make it an ideal addition to your investment portfolio. Don't miss out on this exceptional investment opportunity!

Property details

Property Access

Paved Street

Basement

Block

Bathrooms

2 full bathrooms

Building

1,706 square feet

2 total units

Built in 1941

Style: 2 Story

Exterior Features

Brick

Foundation

Basement

Water Features

Public Water at Street

Heating

Natural Gas

Floor Furnace

Listing

Originating MLS: RealComp

Sale/rent: For Sale

Location

Area: Detroit (82001)

County: Wayne

Cross street: corbett & coplin

Subdivision: RAVENDALE NO 2 (PLATS)

Lot

Lot size: 40.00 x 125.00

0.12 acres

Property

Multi-Family

Schools

School district: Detroit City School District

Sewer

Public At Street

Taxes

Total amount: $1,677

Unit Five

Bedroom 2 width: 0

Monthly cost

Estimated monthly cost

$1,159/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Sale and tax history

Sales history

Date

Oct 17, 2023

Price

$137,500

Date

Jun 4, 2019

Price

$27,500

DatePrice
Oct 17, 2023$137,500
Jun 4, 2019$27,500

Schools

This home is within the Detroit Public Schools Community District.

Detroit enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Private schools

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$155,100

+$4,950

$160,050

Seller agent commission$4,950 (3%)*

$0 (0%)

Buyer agent commission$4,950 (3%)*

$4,950 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $4,950 more selling your home
with an Unreal Estate agent

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State

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Unreal Estate checked: Apr 27, 2024 at 6:31 a.m.

Data updated: Aug 6, 2023 at 10:58 a.m.

Courtesy of 1st Michigan Real Estate.
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Listing Information © 2024 MiRealSource Inc. All Rights Reserved.

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