$195,000
Square Ft.
2,558
5061 Hillsboro Street, Detroit, MI 48204
Income-Producing Brick Duplex Section 8 Turnkey Solid brick duplex featuring two spacious 3-bedroom, 1-bath units, one on each level. Each unit includes its own private basement with separate laundry, offering convenience and strong tenant appeal. Both units are currently rented, generating a combined monthly income of $2,700. One unit is occupied by a Section 8 tenant, providing stable, government-backed income, while the second unit is leased to a standard cash tenant, creating a balanced and diversified rental stream. This is a true turnkey asset with extensive 2024–2025 upgrades, keeping CAPEX reserves in your pocket, not in the property. Nearly everything a new owner would typically worry about has already beenRead MoreRead Less
Listing information is provided in part through IDX via MiRealSource and is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Listing is courtesy of Tarar Homes, 313-888-0315, the brokerage and MiRealSource Shareholder that originated the listing.
Listing Snapshot
Days Online
148
Last Updated
Property Type
Multi-Family
Square Ft.
2,558
Lot Size
0.09 Acres
MLS Number
60964714
Property Location Map
Additional Details
Property Access
Paved Street
Basement
Block
Building
2,558 square feet, 2 total units, Built in 1924, Style: 2 Story, Duplex
Exterior Features
Brick
Foundation
Basement
Water Features
Public Water
Heating
Natural Gas, Forced Air
Income
Net operating income: $33,600
Lot
Lot size: 35X120, 0.09 acres
Property
Residential
Taxes
Total amount: $2,959
Unit One
Rent: $1,150
Unit Two
Rent: $1,600

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

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(Source: Home Junction)

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