About 5271 Drexel St
Exceptional Investment Opportunity in a Thriving Neighborhood!!!Seize the chance to own a cash-generating duplex in one of the most progressive and up-and-coming areas. This fully occupied property, currently home to long-term tenants on month-to-month leases, guarantees immediate cash flow with the potential for continued occupancy. There are many property highlights that would catch the eye of any savvy investor. This duplex has modern upgrades each unit has been recently updated in 2024, showcasing sleek, modern bathrooms and kitchens that enhance both aesthetic appeal and functionality. Enjoy the contemporary flair with newer kitchen cabinets that blend style and efficiency seamlessly. Rich hardwood floors grace both units, offering a perfect mix of durability and timeless beauty. This duplex represents an ideal entry point for new investors looking to dive into the real estate market, providing a manageable and lucrative opportunity from day one. For seasoned investors, the potential for impressive returns (ROI) is available in a rapidly growing market. **Important Note:** Please respect tenant privacy. DO NOT DISTURB OR APPROACH TENANTS. Adhering to tenant rights is crucial and in compliance with leasing laws.
Features of 5271 Drexel St
| MLS® # | 20240041859 |
|---|---|
| Price | $145,000 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,892 |
| Acres | 0.08 |
| Year Built | 1928 |
| Type | Multifamily |
| Sub-Type | Duplex |
| Style | Duplex |
| Status | Active |
Community Information
| Address | 5271 Drexel St |
|---|---|
| Area | 05055 - Det Con-Mors/Grat. Hstn/7 Mack |
| Subdivision | PARKSIDE MANOR |
| City | Detroit city |
| County | Wayne |
| State | Michigan |
| Zip Code | 48213 |
Amenities
| Utilities | Cable Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Natural Gas, Hot Water |
|---|---|
| Fireplace | No |
Exterior
| Exterior Features | Balcony |
|---|---|
| Construction | Brick |
| Foundation | Basement, Block |
School Information
| District | Detroit |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | EXP Realty Main |
|---|---|
| Contact Info | adrienneponcerealty@gmail.com |