553 Belmont Street, Detroit city, Michigan

$350,000

Previous Next

2

Baths

2,204

Square feet

0.13

Acres

About 553 Belmont Street

THIS PROPERTY HAS BEEN APPRAISED FOR $350,000 WE CAN EMAIL YOU THE REPORT. Discover this beautifully renovated multifamily home in the heart of Detroit! This spacious property features two separate units, each offering 2 comfortable bedrooms and 1 full bathroom, making it an excellent option for multi-generational living, house hacking, or a solid investment opportunity. Both units have been recently remodeled, featuring fresh paint, updated flooring, and modern finishes throughout, creating a warm and inviting atmosphere. The kitchens are functional and stylish, perfect for everyday living or tenant use. As an investment property you can generate $1500 per month per unit. That's $36,000 gross annually! Whether you're looking to live in one unit and rent the other, or simply add a turnkey rental property to your portfolio, this home offers flexibility and income potential. Located in a growing area of Detroit, you'll be close to shopping, schools, public transportation, and major roadways, everything you need is just minutes away. Don’t miss this incredible chance to own a beautifully updated duplex in a city full of opportunity. Schedule your showing today! This property has an alarm and is being monitored and recorded via camera system.

Features of 553 Belmont Street

MLS® # 20251013568
Price $350,000
Bathrooms 2.00
Full Baths 2
Square Footage 2,204
Acres 0.13
Year Built 1910
Type Multifamily
Sub-Type Colonial
Style Colonial
Status Active

Community Information

Address 553 Belmont Street
Area 05043 - Det: Livernois-I75 6-Gd River
Subdivision MOORE HODGES & WARRENS SUB
City Detroit city
County Wayne
State Michigan
Zip Code 48202

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Forced Air, Natural Gas
Fireplace No

Exterior

Construction Vinyl Siding
Foundation Basement, Poured

School Information

District Detroit

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeEXP Realty Main
Contact Infosotero@lopezrealtyteam.com

Request a Showing

Provide a valid email address.
When would you like to view this property?