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1541 Elm Street

Detroit MI 48216

4
3600 sq. ft.
0.11 ac.
Multi-Family
Currently for sale - view listing

Overview

*** LAND CONTRACT TERMS AVAILABLE WITH 0% INTEREST!!! *** Exceptional NEW CONSTRUCTION. 4BEDROOM 2 UNIT DUPLEX, BUT POSSIBLE IF BUYER WANTS 4-Unit Multifamily investment opportunity in North Corktown! Located in the Heart of Downtown Detroit, This turnkey multi-family property features 2 identical units, each offering 4 Bedrooms, 2 full Baths on EACH LEVEL, spacious living area, full kitchen with quartz countertops, gas, laundry hookups, central air conditioning, and private entry. With approximately 3,600 total sq ft, this newly built asset was designed for efficient, low-maintenance ownership. Each unit includes heavy-duty security doors, smart locks, and smart thermostats, while the property also offers 24-hour surveillance cameras and a rear parking lot with 8 spaces. Fast Growing Area for Developments with 7-unit apartment building being built right across the street. Tax Exemption in place until 2033. Projected gross monthly income of approximately $12,000. Rare opportunity for local and out-of-state investors seeking a newly constructed, easy-to-manage asset in one of Detroit's fastest-growing neighborhoods.

Features

4 bathrooms
3600 sq. ft. floor area
0.11 ac. lot size
Multi-Family

Happy sellers in Detroit

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We have insufficient information to provide an overview of customer satisfaction for Detroit. Viewing the agent profiles, reviews and sales for Detroit can provide insights for this location.

Local market activity for multi families in Detroit

In the last 12 months, 4 multi families similar to 1541 Elm Street, have been sold.

This represents a 300% decrease in multi families sales when compared to the previous 12 months.

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(619) 566-0008
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