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5106 Devonshire Road

Detroit MI 48224

2
2194 sq. ft.
0.11 ac.
Multi-Family
Currently for sale - view listing

Overview

2-Family Income Property | Morningside Near Grosse Pointe. Updated Duplex with Cash Flow & Strong Upside. Solid income stream. 2 Units | Each 2 Bed / 1 Bath. Upper Unit is rented. One unit renovated: granite countertop, stainless appliances, recessed lighting, restored hardwoods. Updated bathroom, LVP kitchen flooring, and fresh paint throughout. Current rent: $1,348/month. Big-ticket updates already completed in 2023: New roof, windows, gutters, new furnace (upstairs) + boiler (downstairs). New water heaters, new porch, steps and railing. New storm and security door. Security system + CCTV. Separate gas & electric meters per unit. Shared water line (common setup in Detroit) One unit on a dedicated furnace; one unit on a boiler system. Morningside District – borders East English Village & Grosse Pointe. Strong rental demand & long-term appreciation potential. Rental income is projected to include future rent in lower unit. Pre-approved/Proof of funds Buyers only. Information is estimated. 24 hour notice to show. Ideal for house hackers, BRRRR investors, or long-term landlords. Net annual amount is estimated.

Features

2 bathrooms
2194 sq. ft. floor area
0.11 ac. lot size
Multi-Family

Property history for 5106 Devonshire Road

2024
Rented
Undisclosed
03 Jul 2024 by National Realty Centers, Inc
2023
Sold
$130,000
28 Sep 2023 by Jermaine Golden, of eXp Realty, LLC (CE - TR08 - Michigan - CN)

Happy sellers in Detroit

95%
95% of sellers in Detroit reported that their sale price either exceeded or met their price expectations.

Detroit stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Detroit over the last 12 months.

Local market activity for multi families in Detroit

In the last 12 months, 43 multi families similar to 5106 Devonshire Road, have been sold.

This represents a 4% decrease in multi families sales when compared to the previous 12 months.

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