4357 W Philadelphia ST, Detroit, MI 48204
4357 W Philadelphia ST, Detroit, MI 48204,Video Tour
4357 W Philadelphia ST, Detroit, MI 48204
4357 W Philadelphia ST, Detroit, MI 48204
4357 W Philadelphia ST, Detroit, MI 48204
4357 W Philadelphia ST, Detroit, MI 48204
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$ 175,000
Est. payment | /mo

2 Baths

2,462 SqFt


$ 175,000
Est. payment | /mo

2 Baths

2,462 SqFt

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 2,462 sqft

Price per Sqft $71

Subdivision Stormfeltz-Lovely Co Sub

MLS Listing ID 20261051308

Style Colonial

Full Baths 2

Year Built 1916

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type MultiFamily

Property Description

Investment opportunity featuring a well-maintained duplex in a desirable neighborhood with immediate income potential. The upper unit is tenant occupied through April 2027, generating $1,300 per month, while the vacant lower unit offers immediate occupancy for an owner-occupant or the opportunity to lease and maximize cash flow. Both units are approved for Section 8, expanding rental flexibility.

Each spacious 3-bedroom, 1-bath unit offers a functional layout with a living room, dining room, and full kitchen. The lower unit includes two refrigerators, and both units enjoy private entrances along with shared access to the basement and attic, providing valuable storage space.

A newer gas forced-air furnace, installed approximately 2024, offers added peace of mind. The property is being sold as-is and presents an excellent opportunity for investors looking to expand their portfolio or buyers interested in offsetting their mortgage with rental income.

Located in a neighborhood known for its friendly atmosphere and convenient access to local amenities, this duplex offers flexibility, steady income, and long-term investment potential. With one unit already producing rental income and the other ready for immediate use, this property is well-positioned for both seasoned investors and owner-occupants alike.

Location

State MI

County Wayne

Area Area05043Detlivernoisi756Gdriver

Rooms

Basement Common, Full, Unfinished

Interior

Interior Features HighSpeedInternet, ProgrammableThermostat

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Laundry CommonArea, LaundryRoom

Exterior

Exterior Feature Lighting

Pool None

Community Features Sidewalks

Utilities Available AboveGroundUtilities, CableAvailable, UndergroundUtilities

View Y/N No

Roof Type Asphalt

Garage false

Building

Foundation Basement, Poured

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Conventional, FHA, VaLoan

Listing Terms Cash, Conventional, FHA, VaLoan

Special Listing Condition ShortSaleNo, Standard

Pets Allowed Call

Virtual Tour https://www.zillow.com/view-imx/5d9689ec-6202-455e-b40c-0a9a2b1a96fa?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Realcomp MLS
Listed by Michael Perna of EXP Realty The Perna Team

Schools and Properties Nearby

Cindy Mastin

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4357 W Philadelphia ST