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17403 Quincy St Detroit, MI 48221

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For Sale
$160,000

Two-unit property in the University District, Detroit.

Lot size:
0.14 Acres

Property Features for 17403 Quincy St

General Information

Property type
Investment
Standard status
Active
Lot size
0.14 Acres

Building Details

Year built
1936

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Listing Contact
Heather Covell
Source: Elliman

Listing Agent: Heather Covell

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

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Overview

Detroit Investment Opportunity

Located in Detroit's University District, this two-family home presents an investment opportunity. The property has served as an investment for 46 years. The building is situated across the street from an active church. The first unit features 2 bedrooms and 1 bathroom, along with a sitting room, formal dining room, and kitchen. The second unit includes 1 bedroom and 1 bathroom, a sitting room, and attic storage. The full basement is common and contains 2 furnaces, hot water tanks, and separate electric and gas meters. The roof is 15 years old and the property has Wallside windows and built-ins. There is active water in the basement due to downspout and grade management issues, and some concrete work and grading are needed. The property is subject to tenants' rights; there are no active leases, and each tenant pays $650 per month. Rental rates in the area are approximately $1200 monthly for the 2-bedroom unit and $900 for the 1-bedroom unit.
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
-83.139253
Latitude
42.4204987

FAQs

What type of property is this?
Duplex - Two-unit property in the University District, Detroit.
Where is this duplex located?
The property is located at 17403 Quincy St Detroit, MI.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: - Investment property in the sought-after University District.; - Two-family home with potential for increased rental income.; - Located across the street from a historic and active church.
More about this property
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