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
- 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.