$169,999
Square Ft.
1,981
5569 Drexel Street, Detroit, MI 48213
REDUCED! LOCATED 4 MINUTES FROM THE HISTORIC INDIAN VILLAGE, YOU WILL FIND 5569 DREXEL NESTLED ON A 3,833 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOASTS A BRAND NEW 40 YEAR ROOF TO ENSURE REPEAT DIVIDENDS FOR MANY YEARS TO COME. EVERY WINDOW IN THIS COMPOUND IS BRAND NEW AND SHE HAS BEEN UPGRADED WITH NEW FURNACES, NEW ELECTRICAL, NEW PLUMBING AND HOT WATER TANKS TO INSURE MAINTENANCE FREE CASH FLOW. FURTHERMORE SHE HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 YEAR SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $2178Read 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 KW Domain, 248-590-0800, the brokerage and MiRealSource Shareholder that originated the listing.
Listing Snapshot
Days Online
57
Last Updated
Property Type
Multi-Family
Square Ft.
1,981
Lot Size
0.08 Acres
MLS Number
60968362
Property Location Map
Additional Details
Property Access
Paved Street
Basement
Block, Finished
Building
1,981 square feet, 2 total units, Built in 1928, Style: 2 Story, Bungalow
Exterior Features
Brick
Foundation
Basement
Water Features
Public Water
Heating
Natural Gas, Forced Air
Income
Net operating income: $29,892
Lot
Lot size: 35X100, 0.08 acres
Property
Residential
Taxes
Total amount: $2,168

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.

Mortgage Calculator
Monthly Payment
$0

(Source: Home Junction)

Don't miss out on
this wonderful property!

Bubble Image
Agent profile image
Agent profile image
Similar Listings
View More Listings

Schools In The Area

Choosing the right home often starts with finding the right school. Our site makes it easy by listing local schools in the area, complete with detailed information at your fingertips. Click on a school to learn more.

(Source: Home Junction)

Buy without the stress

We’re here to guide you every step of the way

Whether you’re searching for a serene waterfront retreat, a cozy cabin tucked into the woods, or a family home with room to grow, we’re here to guide you every step of the way. Let’s make your home-buying journey something you’ll enjoy and remember. With our local expertise and broad connections, we’ll guide you every step of the way – from dreams to keys in hand – so you can start your next chapter with excitement and confidence.

Get in touch