18
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$180,000
Est. payment /mo
2 Baths
2,054 SqFt
New
15436 STEEL ST Detroit, MI 48227
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Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 2,054 sqft
Price per Sqft $87
Subdivision Siterlet Estate Sub
MLS Listing ID 20251060096
Style Duplex
Full Baths 2
Year Built 1928
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type MultiFamily
Property Description
WELCOME TO 15435 STEEL STREET, LOCATED ON A 4,250 SQUARE FOOT LOT IN A QUIET, OWNER-OCCUPIED NEIGHBORHOOD. THIS IMPRESSIVE DUPLEX FEATURES TWO SPACIOUS TWO-BEDROOM UNITS. THE UPPER UNIT HAS BEEN FULLY RENOVATED WITH A BRAND-NEW KITCHEN, UPDATED FLOORING AND CARPET, A MODERNIZED BATHROOM, AND NEW LIGHTING THROUGHOUT. THE PROPERTY GENERATES $2,050 IN MONTHLY RENTAL INCOME, WITH ONE UNIT NEWLY LEASED TO A SECTION 8 TENANT AT $1,157 PER MONTH AND THE SECOND OCCUPIED BY A LONG-TERM CASH-PAYING TENANT AT $950, IN PLACE FOR OVER 10 YEARS WITH A STRONG PAYMENT HISTORY. TENANT PAY ALL UTILITIES OTHER THAN WATER BRINGING THE ROI TO 14%. NO SHOWINGS WITHOUT AN ACCEPTED FULL-PRICE OFFER.
Location
State MI
County Wayne
Area Area05042Det6Tiregrnfldlivernois
Rooms
Basement Unfinished
Interior
Heating HotWater, NaturalGas
Fireplace No
Exterior
Pool None
View Y/N No
Garage false
Building
Foundation Basement, Block
Sewer SewerAtStreet
Water WateratStreet
New Construction No
Schools
High Schools Detroit
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
Pets Allowed Call
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Listed by Marta Kopania of Realtyflo Inc
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