Multi Family homes for sale & real estate in North End, MI

Multi Family Home for sale in North End, MI:

Excellent Investment Opportunity in Detroit’s Virginia Park District! This is an exceptional income-producing multi-family property located in the historic Virginia Park district of Detroit. This two-story building offers seven rentable units in a variety of layouts including three bedroom, two-bedroom, one-bedroom, and studio apartments ideal for maximizing occupancy and rental income. Many units feature modern updates such as new flooring, countertops, and appliances, while an on-site laundry facility adds extra convenience for tenants. Situated in the Virginia Park Historic District (listed on the National Register of Historic Places in 1982), this property enjoys a prime location

Multi Family Home for sale in North End, MI:

Attention investors. Check out this fantastic duplex located in Dexter Linwood. Each unit is in moderate shape and feature 2 bedrooms and 1 bath, plus a basement. Section 8 tenants in place The lower unit is currently rented at 1660 to a long term tenant (100% paid by agency). The upper unit is currently rented for $1660 The total rent each month collected is $3320. Electric and gas are paid by the tenants. This property can provide a long term solution to generate wealth over time. Don't miss your chance to get in while the getting is good. This area has increased in value 3x since 2017. The price reflects the overall great condition of the property. THE SELLER WILL NOT OFFER SELLER FINAN

Multi Family Home for sale in North End, MI:

Now's your opportunity to bring this home back to life! Offering over 5,000 square feet, the possibilities are endless. Whether you'd like to renovate into a single family, or a multi-family there's no loss here! Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture ma

Multi Family Home for sale in North End, MI:

This parcel is government-owned and included in the Detroit Land Bank Authority (DLBA) program. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. Please note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing t