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553 Belmont St
Detroit, MI 48202 North End

$350,000 USD

Apartments Condos For Sale  •  1,102 SF

Property Details

  • Property Type Apartments
  • Total Building Size 2,204 SF
  • Lot Size 0.13 AC
  • Building Class C
  • Year Built 1910
  • Zoning R3
30 Transit Score
50 Walk Score

2 Units Available

Name Condo Use Size Price Details
1st Floor - Unit 1 Industrial 1,102 SF $350,000 USD
  • Unit Size: 1,102 SF
  • Condo Use: Industrial
  • Price: $350,000 USD
  • Sale Type: Investment
  • Price/SF: $317.60 USD
2nd Floor - Unit 2 Industrial 1,102 SF Price Upon Request
  • Unit Size: 1,102 SF
  • Condo Use: Industrial
  • Price: Price Upon Request
  • Sale Type: Investment

Description

THIS PROPERTY HAS BEEN APPRAISED FOR $350,000  WE CAN EMAIL YOU THE REPORT
Discover this beautifully renovated multifamily home in the heart of Detroit! This spacious property features two separate units, each offering 2 comfortable bedrooms and 1 full bathroom, making it an excellent option for multi-generational living, house hacking, or a solid investment opportunity. Both units have been recently remodeled, featuring fresh paint, updated flooring, and modern finishes throughout, creating a warm and inviting atmosphere. The kitchens are functional and stylish, perfect for everyday living or tenant use. As an investment property you can generate $1500 per month per unit. That's $36,000 gross annually! Whether you're looking to live in one unit and rent the other, or simply add a turnkey rental property to your portfolio, this home offers flexibility and income potential. Located in a growing area of Detroit, you'll be close to shopping, schools, public transportation, and major roadways, everything you need is just minutes away. Don’t miss this incredible chance to own a beautifully updated duplex in a city full of opportunity. Schedule your showing today! This property has an alarm and is being monitored and recorded via camera system.

Public Transportation

Commuter RailDriveWalkDistance
6 min - 2.0 mi
19 min - 8.5 mi
AirportDriveWalkDistance
Windsor International 32 min - 14.6 mi
Detroit Metro Wayne County 37 min - 24.1 mi
Sotero Lopez II 586-863-3300 eXp Realty
Sotero Lopez II 586-863-3300 eXp Realty