5907 IROQUOIS Street Active

Detroit,MI 48213

$ 390000

- Bed

5 Baths

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20240085916

Year Built 1923

Annual Tax Amount $7,555

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 60.00 x 110.00

Source Realcomp

Property Description

Discover a prime investment opportunity with this four-unit multifamily property located at 5907 Iroquois Street in Detroit. The building comprises three spacious three-bedroom units and one two-bedroom unit, offering a versatile portfolio for potential investors.Property Highlights: • Total of 11 bedrooms and 4 bathrooms across all units • Each unit features a comfortable layout suitable for various tenant needs • Recent updates include newer furnaces, hot water tanks, plumbing, and electrical panels, ensuring reduced maintenance costs and enhanced tenant satisfaction • Conveniently located near I-94, providing easy access to downtown Detroit, just a 10-minute drive awayThis property presents an excellent opportunity for both seasoned investors and those new to real estate investment. The combination of occupied units generating steady income and two units ready for occupancy makes this a compelling addition to any portfolio.Don't miss out on this chance to invest in a property with substantial income potential in a prime Detroit location. Contact us today to schedule a viewing or for more information.

Location

State MI

County Wayne

Area Wayne County - 100

Zoning Multi-Family

Direction Gratiot Ave to E Warren to Iroquois

Interior

Heating Hot Water

Exterior

View Y/N No

Building

Sewer Public

Water Public

Structure Type Aluminum Siding,Brick

Schools

School District Detroit

Others

Tax ID W17I007335S

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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