11822 Promenade
Detroit, MI 48213
- – beds
- – baths
- – sqft
- 5,227 sqft lot
- 1926 build
- – on site
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This fully renovated duplex is the ideal plug and play investment for an investor looking for a turnkey fully occupied section 8 rental. Skip the stress, time, and money that comes with getting a property to pass the section 8 rental inspection, this property has recently passed inspection with both units! Two brand new section 8 families have moved in with 12 month leases. The annual income that this duplex will bring is $33,600 with the current section 8 tenants in place (lower unit $1,500 per month and upper collects $1,300 per month). Each unit is 3 bed 1 1/2 baths! Enjoy low stress investing knowing that everything is brand new therefor your future capital expenses are estimated to be extremely low.
Last checked:
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Last updated Nov 19, 2024
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MLS# 81024011720 —
The Building
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Year Built:1926
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Construction Materials:Aluminum
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# of Units Total:2
Interior
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Features:Laundry Facility
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Basement:Yes
Financial & Terms
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Land Contract:No
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Short Sale:Unknown
Location
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Directions:Conner / Outer Dr
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Directions From North South Detail:Conner / E Outer Dr
The Property
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Property Type:Multifamily
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Parcel Number:W21I008896S
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Lot Size Dimensions:35 X 149
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Lot Size Area:0.12
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Frontage Feet:45
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Waterfront:No
Listing Agent
- Contact info:
- Agent phone:
- (586) 863-3300
- Office phone:
- (888) 501-7085
Heating & Cooling
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Heating:Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer:Public Sewer (Sewer-Sanitary), Sewer at Street
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Water Source:Public (Municipal)
Appliances
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Laundry Facilities:Yes
Schools
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School District:Detroit
Parking
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Total Parking:2
Extra Units
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Unit Three Bed Number Of:2
IDX provided courtesy of Realcomp II Ltd., via Estately and Greater Metropolitan Association of REALTORS®, © 2024 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2024 Realcomp II Ltd. Shareholders.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/28/24
May 28, 2024
|
Sold | REALCOMP | $225,000 | -2.1% |
|
5/13/24
May 13, 2024
|
Pending | REALCOMP | $229,900 | |
|
3/11/24
Mar 11, 2024
|
Listed / Active | REALCOMP | $229,900 |
