Detroit, MI 48213,5232 CHALMERS Street

$125,000

$124,900

0.1%
Est.Price: ?

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Est. payment /mo

2 Beds

2 Baths

2,100 SqFt


SOLD DATE : 02/03/2025

Key Details

Sold Price $125,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,100 sqft

Price per Sqft $59

Subdivision Sefton Park Sub

MLS Listing ID 20240091218

Sold Date 02/03/25

Style Duplex

Bedrooms 2

Full Baths 2

Year Built 1941

Annual Tax Amount $1,406

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 40.00 x 150.00

Property Sub-Type Duplex

Source Realcomp II Ltd

Property Description

Excellent investment opportunity! This well-maintained property features 2 spacious units and strong rental income potential. Located in a prime area near schools, shopping, and transit, it's perfect for seasoned or first-time investors. Low maintenance and tenant ready Lower unit occupied, tenant paying $900
Potential gross rental income of $1,800 per month. A 17.29% yield!
Freshly painted, new carpet and new vinyl flooring.

Location

State MI

County Wayne

Area Det Con-Mors/Grat. Hstn/7 Mack

Zoning Multi-Family

Direction S of Chandler / E of Warren

Rooms

Basement Unfinished

Interior

Heating Forced Air, Hot Water

Fireplace no

Heat Source Natural Gas

Exterior

Garage Spaces 1.0

Road Frontage Paved

Garage yes

Building

Foundation Basement

Sewer Sewer at Street

Water Water at Street

Architectural Style Duplex

Level or Stories 2 Story

Structure Type Brick

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID W21I055422S

Ownership Short Sale - No,Private Owned

Assessment Amount $350

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Realcomp MLS
Listed by Raphael D Fazzolari of Rondo Investment LLC
Bought with Rondo Investment LLC
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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