2251-53 Clements Street, Detroit, MI 48238
2251-53 Clements Street, Detroit, MI 48238
2251-53 Clements Street, Detroit, MI 48238
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$75,000
Est. payment /mo
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2 Baths
4,356 Sqft Lot
New

2251-53 Clements Street Detroit, MI 48238

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20261082313

Year Built 1924

Annual Tax Amount $3,358

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 35X119.32

Source Realcomp

Property Description

Investment opportunity! Income-producing two-family flat featuring upper and lower units, each with two bedrooms, one full bathroom, and a separate entrance. Both units are tenant occupied at $625 per month each, providing $1,250 in total monthly rent and $15,000 in annual gross rental income. Consistent on-time rental payments reported by the property manager. Features include a covered front porch, upper balcony, and basement. The lower-unit lease expires in April 2027, and the upper-unit lease expires in May 2027. Existing rental agreements apply.

Location

State MI

County Wayne

Zoning Multi-Family,Residential

Direction \"On Clements Street between 14th Street and La Salle Boulevard, just north of West Davison Street.\"

Interior

Heating Forced Air

Exterior

View Y/N No

Building

Water Public

Structure Type Wood Siding

Schools

School District Detroit

Others

Tax ID W08I004536S

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA


Listed by EXP Realty The Perna Team
NEARBY SCHOOL & BUSINESS

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Melannie Hay

Melannie Hay

+1(269) 908-8333

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2251-53 Clements Street