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5074 Chalmers St Detroit, MI 48213

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For Sale
$125,000

Updated duplex with rental income potential near Chandler Park.

Lot size:
0.10 Acres

Property Features for 5074 Chalmers St

General Information

Lot size
0.10 Acres

Building Details

Year built
1941

Source: Providence Properties, Realty & Management Agent Victoria Camaj

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Updated Duplex Near Chandler Park

This updated duplex presents a cash-flowing investment opportunity. The property features modern renovations throughout, making it a turnkey investment. The upper unit is vacant and move-in ready, offering one bedroom with contemporary updates. The lower unit is tenant-occupied, featuring two bedrooms and generating $1,170 per month in rent. The property has Section 8 rental potential and could generate over $2,500 per month in rental income. It is located blocks away from the new Chandler Park development and sports dome. This duplex is suitable for expanding an investment portfolio or for a first-time investment.
Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Detroit
County
Wayne
State
Michigan
Longitude
-82.9592558
Latitude
42.3965963

FAQs

What type of property is this?
Duplex - Updated duplex with rental income potential near Chandler Park.
Where is this duplex located?
The property is located at 5074 Chalmers St Detroit, MI.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: - High Income Potential: Potential to generate over $2,500/month in rental income with Section 8.; - Cash Flowing Investment: Currently generating $1,170/month from the lower unit.; - Fully Updated: Both units feature fresh, modern renovations throughout.
More about this property
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