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$59,900

Est. payment - /mo

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2 Beds

1 Bath

942 SqFt

Active

17365 Meyers Road Detroit, MI 48235

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TAMARA FIEMA

tfiema@thesignaturegroup.org +1(248) 302-1777

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 1/2 Duplex with Land

Listing Status Active

Purchase Type For Sale

Square Footage 942 sqft

Price per Sqft $63

Subdivision College Park Manor

MLS Listing ID 20251034125

Style 1/2 Duplex with Land

Bedrooms 2

Full Baths 1

HOA Y/N no

Year Built 1948

Annual Tax Amount $3,165

Lot Size 2,613 Sqft

Acres 0.06

Lot Dimensions 27X100

Property Sub-Type 1/2 Duplex with Land

Source Realcomp II Ltd

Property Description

Cash flow from DAY ONE with this 2-bedroom, 1-bathroom half-duplex in Northwest Detroit. You'll inherit a stable, long-term tenant of 6+ years, making this the ultimate "set it and forget it" investment property with immediate income potential. This property eliminates the major maintenance headaches that scare away new investors. Extensively updated in 2019 with newer windows, furnace, hot water heater, electrical panel, fresh paint, plus an updated kitchen and bathroom, you're buying into systems that work. While the property could benefit from new flooring and minor cosmetic updates, these are optional improvements that can be tackled over time or factored into future rent increases. Location is everything in real estate, and this property delivers. Situated directly across from a brand new $30 million, 105-unit affordable senior living community nearing completion, you're investing in a neighborhood with serious institutional backing. Add in the fact the property is within a 5-minute walk of the Northwest Activity Center - a vibrant community hub offering activities for all ages - and you have the makings of a stable, desirable area. Whether you're a first-time investor seeking low-maintenance, cash-positive properties or a seasoned investor expanding your portfolio with a proven performer, this property delivers immediate cash flow, growth potential, and peace of mind. With a reliable tenant, recent major system upgrades, and a neighborhood on the rise, don't let this rare combination of stability and upside slip away.

Location

State MI

County Wayne

Area Det 6-8 Grfld-Dequindre

Direction North of W McNichols Rd

Rooms

Basement Unfinished

Interior

Hot Water Natural Gas

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Exterior Feature Fenced

Parking Features Driveway

Garage Description No Garage

Fence Back Yard

Road Frontage Paved

Garage no

Private Pool No

Building

Foundation Basement

Sewer Sewer at Street

Water Water at Street

Architectural Style 1/2 Duplex with Land

Warranty No

Level or Stories 2 Story

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W22I020147S

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional, FHA

Rebuilt Year 2019

Listing Terms Cash, Conventional, FHA

Financing Cash,Conventional,FHA

Listed by Gentraia Brown of RE/MAX City Centre

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TAMARA FIEMA

Managing Broker/Owner | License ID: 318436

+1(248) 302-1777

17365 Meyers Road Detroit, MI 48235

TAMARA FIEMA

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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17365 Meyers Road