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Minutes from Detroit Eastern Market, this 1909 brick quadruplex offers four 2-bed / 1-bath units with strong rental upside. The property was appraised around high, and seller is offering it near payoff for a fast as-is sale. The property has received major updates including vinyl windows, renovated kitchens and baths with modern fixtures, luxury vinyl plank flooring, fresh paint, painted trim, and tuck-pointed brickwork. Currently, one tenant is paying $900/month. Remaining tenant/occupancy matters are being addressed through management, formal notices, eviction process, and/or written move-out agreements. Current rent roll and lease information available upon request. Property sold strictly as is. Seller is motivated and will prioritize the strongest fast close cash or hard money offer. Buyer to verify all information, rents, leases, occupancy, condition, city requirements, appraisal value, projected rental income, and closing costs.
Source: Great Lakes Repository, MLS#: 61006618
