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4625 Chalmers St

Detroit MI 48215

5
2
2500 sq. ft.
0.1 ac.
Single-Family
Currently for sale - view listing

Overview

This renovated 5-bedroom, 2-bath bungalow is currently tenant occupied with a lease generating $1,500 per month ($18,000 annually), providing immediate rental income from day one. The property was acquired in 2023 and extensively renovated prior to tenant occupancy, offering a low-maintenance investment with strong long-term appreciation potential. Featuring approximately 1,500 square feet of living space, a functional floor plan, and established rental history, this property is an excellent addition to any investor's portfolio. Photos taken prior to tenant occupancy are available upon verification of proof of funds. Tenant occupied--please do not approach or disturb the tenant. Showings are reserved for parties with an accepted offer only. This property is one of 20 investment properties offered individually or as part of a portfolio acquisition. Sellers are willing to complete the portfolio transaction through an entity sale, providing a streamlined acquisition process and potential tax and operational advantages. Buyers are encouraged to consult with their legal and tax advisors regarding the benefits of an entity acquisition. Buyer and Buyer's Agent to verify all information.

Features

5 bedrooms
2 bathrooms
2500 sq. ft. floor area
0.1 ac. lot size
Single-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 5 bedroom single-family properties in Detroit

In the last 12 months, 5 five-bedroom single-family properties similar to 4625 Chalmers St, have been sold.

This represents a 25% decrease in five-bedroom single-family properties sales when compared to the previous 12 months.

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