5393 Seebaldt St Detroit, MI 48204

Property Details for 5393 Seebaldt St

Year built

1923

Property size

2,020 SF

Property type

Residential income homes

Description

This exceptional investment opportunity presents a two-unit duplex located at 5393 Seebaldt St, Detroit, MI 48204. The property, built in 1923 and boasting a total of 2,020 square feet, offers a blend of completed and unfinished renovations. One unit is move-in ready, featuring a tasteful renovation with modern finishes, including two bedrooms and one bathroom. The second unit requires completion of electrical work, flooring, and some finishing touches. Both units currently lack heating systems. The exterior is attractively clad in Hardie siding. This property is situated in a revitalizing neighborhood, close to Downtown Detroit, Henry Ford Hospital, major freeways, and W Grand Blvd, providing unparalleled convenience and access to key amenities. The asking price is $99,000, representing a fantastic opportunity for an investor to add value by completing the renovations and capitalizing on the strong rental demand in this desirable location. The property is sold as-is, and the buyer is responsible for conducting their own due diligence. This is a unique chance to acquire a multifamily property with significant upside potential in a rapidly developing area of Detroit. The solid block construction and the progress already made on the renovations make this a compelling investment prospect.