Woodhall Duplex - Cornerstone Village - Detroit Eastside
Detroit Duplex Value-Add Opportunity | $2,000+ Potential Monthly Rent | Near Grosse Pointe
Marketing description
Investor special in Detroit’s Cornerstone Village. This classic brick two-family property offers strong value-add potential with the opportunity to create a cash-flowing asset in a neighborhood located just minutes from Harper Woods, the Grosse Pointes, I-94, shopping, restaurants, and major commuter routes. The property is situated in the Cornerstone Village/Finney area, providing convenient access to East Warren Avenue, Mack Avenue, schools, retail amenities, and Downtown Detroit.
Configured as an upper/lower duplex, the building presents an excellent opportunity for investors seeking a renovation project with significant upside. Once stabilized and brought to market standards, projected rental income exceeds $2,000 per month, making this an attractive addition to a long-term rental portfolio.
The property requires cosmetic updates, select mechanical improvements, and foundation repairs, and is priced accordingly for an investor prepared to execute a value-add strategy. Spacious floor plans, a detached garage, basement space, and strong rental demand in the surrounding area provide the foundation for a profitable repositioning.
Sold as-is. Buyer to verify all measurements, condition, and projected rental income. A solid opportunity to acquire a Detroit duplex with substantial upside in a location near the Grosse Pointe border and major employment corridors.
Investment highlights
- Value-add duplex with significant upside through renovation and stabilization
- Projected market rents exceeding $2,000+ per month after improvements
- Opportunity to force appreciation through cosmetic updates, mechanical upgrades, and foundation repair
- Strong cash-flow potential for long-term hold investors
- Located near the Grosse Pointe border, one of Detroit's most desirable adjacent markets
- Minutes from East Warren, Mack Avenue, I-94, shopping, dining, and major employment centers
- Continued investment and redevelopment activity throughout Detroit's east side neighborhoods
- Large spread between acquisition cost and stabilized value
- Ideal BRRRR, rental portfolio, or house-hack investment opportunity
- Classic brick construction with separate upper and lower units
- High demand for affordable rental housing in the surrounding area
- Potential for attractive cash-on-cash returns after repositioning
- Rare opportunity to acquire a two-family property with multiple avenues for value creation
- Priced to reflect current condition and renovation requirements
- Investor-friendly asset with clear path to increased income and equity growth
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