$59,999
Square Ft.
2,482
4002 W Philadelphia Street, Detroit, MI 48204
Attention Investors! Capitalize on this turnkey BRRRR or buy-and-hold opportunity with a solid brick two-family flat situated on a beautiful, tree-lined street. Priced to move and optimized for immediate equity, the property eliminates future capital expenditures with a brand new roof, new gutters, and fully upgraded plumbing and electrical systems, alongside a desirable two-car detached garage. The transaction is structured for a rapid close with title work already completed and a motivated seller ready to convey immediately via Warranty Deed, plus accessible fix-and-flip funding available for qualified buyers. To protect the asset and streamline operations, buyers must submit Proof of Funds (POF) or a Pre-Approval Letter prior to scheduling anyRead 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 Long Realty Group, LLC, 855-622-7664, the brokerage and MiRealSource Shareholder that originated the listing.
Listing Snapshot
Days Online
0
Last Updated
Property Type
Multi-Family
Square Ft.
2,482
Lot Size
0.09 Acres
MLS Number
70557308
Property Location Map
Additional Details
Property Access
Paved Street
Building
2,482 square feet, 2 total units, Built in 1922
Cooling
None
Expenses
Total expenses: $7,202
Exterior Features
Brick
Foundation
Basement, Crawl
Heating
Natural Gas, Forced Air
Income
Net operating income: $21,598
Lot
Lot size: 36x104, 0.09 acres
Taxes
Total amount: $2,898, Year: 2025
Unit One
Rent: $1,200, Occupied status: No
Unit Two
Rent: $1,200, Occupied status: No
Unit Five
Bedroom 2 width: 36

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