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3290 Calvert St Detroit, MI 48206

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For Sale
$244,000

Two-unit property with immediate cash flow in active redevelopment corridor.

Lot size:
0.10 Acres

Property Features for 3290 Calvert St

General Information

Property type
Investment
Standard status
Active
Lot size
0.10 Acres

Building Details

Year built
1924

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Listing Contact
Charlie Shami
Source: Elliman

Listing Agent: Charlie Shami

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

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Overview

Detroit Brick Income Property

This two-unit brick income property is located in one of Detroit’s active redevelopment corridors. One unit is currently leased for $1,500 per month. Each unit features hardwood floors, living and dining rooms, three to four bedrooms, a full bath, and a private entrance. The property includes updated mechanicals, separate utilities, a shared basement with laundry and storage, a detached two-car garage, and off-street parking. Situated near the Boston Edison and Russell Woods–Nardin Park neighborhoods, the property benefits from City of Detroit Strategic Neighborhood Fund investments that are contributing to new housing, retail, and streetscape improvements. The property is located minutes from Midtown and major freeways, making it suitable for an owner-occupant or an investor.
Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

Location Insight

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City
Detroit
County
Wayne
State
Michigan
Longitude
-83.1201335
Latitude
42.3771603

FAQs

What type of property is this?
Duplex - Two-unit property with immediate cash flow in active redevelopment corridor.
Where is this duplex located?
The property is located at 3290 Calvert St Detroit, MI.
What is the asking price?
The asking price for this property is $244,000.
What are key features of this property?
This property features: - Immediate cash flow from existing tenant paying $1,500/month.; - Located in an active redevelopment corridor benefiting from City of Detroit Strategic Neighborhood Fund investments.; - Two spacious units, each with **hardwood floors**, **bright living/dining rooms**, 3-4 bedrooms, full bath, and private entrance.
More about this property
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