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5351 Helen St, Detroit, MI 48211

5351 Helen St, Detroit, MI 48211

0 beds 0 baths 2,245 Sqft

34 days on Market

$134,900

Credit Back up to $2,698*
$60.09/sf

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Description:

Active   -  Multi Family for sale

This two-unit duplex is a beautifully restored and cash flowing investment property! The bottom floor unit is a 2/1 and the top unit is a 3/1. Both units have excellent and highly desirable tenants. The renovation preserved much of the building's original character, with bay windows, indoor pillars, crown molding, etc. The building, which comes with the adjacent empty lot, is newly renovated with beautiful laminate wood floors, new ceiling fans, fixtures, cabinets, etc. One unit was all-new electrical work, the entire building has all-new plumbing. One unit is being rented for $850 and the other for $750. Both tenants are highly desirable, take good care of the property, and pay their rent on time. A recent appraisal showed the fair market rental rates to be much higher, at $1,100 and $1,200. In fact, the appraisal showed the value of the property to be substantially above the asking price at $165,000. (Owner will provide the appraisal on request.)

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Location

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Facts and features:

Status: Active

Listed Date: 02/28/2025

Days On Market: 34

Structure:

Year Built: 1911

Tax:

Parcel Number: 15009651.

 

 

 

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Credit Back

Buy with beycome and get up to
$2.7K Credit Back*

*Estimated beycome credit amount varies by closing price, commission offered and is not available in certain areas or where prohibited by law.

Score:

-detroit-for-sale-5351 helen st, detroit, mi 48211-17035960

 

 

 

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Phone: 844-799-7886 #17035960

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Phone: 844-799-7886 #17035960