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29226249
29221303

310 Hendrie St, Detroit, MI 48202

JH
MI 6501368881
Berkshire Hathaway HomeServices The Loft Warehouse
JD
MI 6501338353
Berkshire Hathaway HomeServices The Loft Warehouse
Listed by Berkshire Hathaway HomeServices The Loft Warehouse
$450,000
144 days on market
Updated 33 days ago
Opportunity zone

310 Hendrie

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,214
Units 2
Occupancy 50%
Price per SqFt $107
Broker Co-Op Yes
Class B
Year Built 1920
Buildings 1
Stories 2
Ownership Private

Cash-flow Midtown multifamily with value-add upside and strong rental history

Marketing description

This multifamily property, in the Art Center neighborhood of Midtown, is a prime investment opportunity for the savvy house hacker or investor. The home features two spacious units, offering an incredible income potential, plus value add opportunity upgrading the massive attic to a third floor apartment. Those wanting to occupy one of the flats as their primary residence can cut their housing payment in half with the incoming rent. New lending guidelines require only 5% down! Each unit comes complete with a suite of modern appliances, including a refrigerator, range, dishwasher, microwave, washer, and dryer. The upper unit boasts four bedrooms and two baths, plus central air, providing comfortable and attractive living space. The lower unit has three bedrooms and one bath, plus a private basement, rec room with 1/2 bath. Shared yard and laundry room. Large two car garage. Situated in a strategic location, this property is just moments away from Wayne State University, two major medical system complexes, three freeways, and a short walk to bustling Woodward Avenue, city bus and Q-Line light rail. With its outstanding rental history, central location, and strong potential for appreciation, this investment opportunity is not to be missed for those looking to capitalize on Detroit's dynamic real estate market.

Listing Contacts

JH
MI 6501368881
Berkshire Hathaway HomeServices The Loft Warehouse
JD
MI 6501338353
Berkshire Hathaway HomeServices The Loft Warehouse
Listed by Berkshire Hathaway HomeServices The Loft Warehouse

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