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2 Turn Key, Fully Rented 4/2 Duplex's in Detroit! Buy 1 or Both



$140,000

FOR SALE

12757 and 12763 Chelsea St

Detroit , MI

  • Each duplex is being sold at $70,000 each and are 4/2's (each unit is a 2/1).
  • Both are located next to each other.
  • All units are turn key and fully rented below market value for $450 per unit. Rents can be raised to $600-$650.
  • 20 year tenant in place.
  • Potential CAP rate of 18% once rents are raised!!!

Documents

 
No Documents for this Property


  • Sale Comps $240K - $260K
  • Rental Comps $2,400 - $2,600
  • Property Type Residential
  • Location Detroit , MI 48213
  • Size 2586 sq. ft.
  • Bedrooms 8
  • Bathrooms 4
  • TAV 11.6K
  • Annual Taxes $1,054
  • Year Built 1928

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