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5114 Nottingham Rd

Detroit MI 48224

2
2061 sq. ft.
0.13 ac.
Multi-Family
Currently for sale - view listing

Overview

Duplex | One Unit Rented | One Unit VacantStrong investment opportunity in Detroit's east side (Morningside / Yorkshire Woods area). This duplex offers immediate income from the occupied unit plus upside from the vacant unit, which can be leased or used for house-hacking.Key Highlights Two-unit layout with one unit currently rented (stabilized income) and one unit vacant and ready for a new tenant or owner occupancy. Convenient location close to local schools, shopping, major roads, and everyday amenities. Solid foundation for long-term rental demand in a residential neighborhood with easy access throughout the metro area. This is a straightforward buy-and-hold or house-hack property: collect rent on one side while placing a tenant (or moving in) on the other. Ideal for investors seeking cash flow with room to increase revenue, or owner-occupants who want a unit that helps cover the mortgage.

Features

2 bathrooms
2061 sq. ft. floor area
0.13 ac. lot size
Multi-Family

Property history for 5114 Nottingham Rd

2018
Sold
$50,000
23 Jul 2018 by Lynn Brown, of Treasure Homes, Inc

Happy sellers in Detroit

97%
97% 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 6 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 5114 Nottingham Rd, have been sold.

This represents a 3% increase in multi families sales when compared to the previous 12 months.

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