7420 W Lafayette, Detroit

$399,000

0 Beds
4 Baths
3,784 Sqft
.17 Acres
0 Garages

**Great investment opportunity** Completely Rehabbed 4-family Quad in Southwest Detroit! Gross Rents: $4,000/mo+. Here is an opportunity to earn consistent income in a booming Detroit real estate market, Southwest Detroit!. This 4-family is minutes away from incredible restaurants and nightlife, and is located down the street from massive redevelopments within Southwest Detroit. This area is highly requested in Detroit because of its low taxes, cash-flow opportunities, freeway access, the Ambassador Bridge, and the Gordie Howe International Bridge. Huge Units! Each of the 4 Units are 2BR, 1Ba, 900+SF. This building has been gut-rehabbed and features: brand new windows (2019), brand new electrical (2019), brand new plumbing (2019), new kitchens (2019), new bathrooms (2019), (4) new furnaces (2019), (4) New HWH's (2019), and a Brand New Roof (2019). Separate Meters! Separate Storage in Basement for each unit. Laundry located in Basement! Retire Early with this incredible turnkey Quad!

Essential Information
MLS® #2200014738
Price$399,000
Bathrooms4.00
Full Baths4
Square Footage3,784
Acres0.17
Year Built1926
TypeMultifamily
Sub-TypeColonial, Quadruplex
StatusActive
Community Information
Address7420 W Lafayette
Area05101-Det South Of Grand River
CityDetroit
CountyWayne
StateMI
Zip Code48209
Subdivision

Moses W Fields Sub L7 P62 Wcr 18/140

Amenities
ParkingOn Street
Interior
HeatingForced Air
CoolingCeiling Fan, Central Air
Interior Features

Cable Available, High Spd Internet Avail, Air Cleaner, Carbon Monoxide Alarm(s), Programmable Thermostat

Exterior
ExteriorBrick
FoundationBasement
Exterior Features

Fenced, Outside Lighting, Chimney Cap(s)

School Information
DistrictDetroit
Additional Information
ZoningMulti-Family
Listing Details
OfficeEXP Realty
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