2341 Clements St, Detroit, MI 48238 –  Brick Tenant Occupied 5 Unit – Asking $225K For Sale

  • $225000

2341 Clements St, Detroit, MI 48238 –  Brick Tenant Occupied 5 Unit – Asking $225K

2341 Clements St, Detroit MI, is tenant occupied 5 unit. This is a brick multi family earning $3,300/month. All long term tenants (over 5 years). Property taxes are approx $1600 per year. Insurance is 5600 per year. Rents can be increased to produce additional cash flow. Newer roof. To optimize the property, buyer should add 5 furnaces and change lease agreements so tenants will pay utilities. Seperate Electrical boxes hot water tanks and gas meters are already in place.

ADDRESS: 2341 Clements St, Detroit, MI 48238

DROPBOXhttps://www.dropbox.com/scl/fo/gdngrnl7tqqqkppbou9ct/h?dl=0&rlkey=b3a3s9cc69coa0mnw08l7regn

  • Rent per month 3300k per month
  • At this time the owner pays utilities
  • Laundry facilities are in place
  • I have access to a water meter that can be installed to also seperate water bills
  • Units are all in great shape along with hardwood floors.

Call (248) 422-1003 to book a walk through.

Buyer is responsible to pay all buyer and seller closing costs. Sold as-is. Buyer to verify all information and perform due diligence. $2500 EMD. Contact us today to schedule a walk through.

Price:
$225000
Address:
2341 Clements St.
Detroit, MI 48238
Terms:
For Sale
Property Type:
Multi-family
Const. Type:
Brick

Call (248) 900-2426 for more details

Property Location