Multi Family Investment Opportunity
Price
$240,000
Turnkey 4-Unit Investment Property in Russell Woods – Income-Generating Opportunity!
Located in Detroit’s historic Russell Woods neighborhood, this well-maintained 4-unit multifamily property is a prime investment opportunity. Two units are currently occupied, generating $1,700/month in rental income ($850 per unit), with potential for increased cash flow as the remaining two units are leased.
Each unit features spacious layouts, updated interiors, and separate utilities, making this an easy-to-manage investment. The property has been well cared for, requiring minimal repairs to maximize profitability.
Russell Woods is a rapidly appreciating area known for its charming architecture, strong rental demand, and proximity to major amenities, including Livernois Avenue’s vibrant commercial corridor. Whether you're an investor looking for steady returns or a house-hacker seeking income potential, this property checks all the boxes!
🔹 Market Value: $350,000
🔹 Occupancy: 2 of 4 Units Occupied ($850/Month Each)
🔹 Condition: Good – Minimal Repairs Needed
🔹 Location: Prime Russell Woods Neighborhood
📧 Submit all offers and inquiries to:📩 investments@promiselandrealtyllc.com
⚠️ Disclaimer:TEAM PROMISELAND prohibits marketing this property or its details without express written permission or membership in TEAM PROMISELAND affiliates.
🚀 Don’t miss out—properties like this move fast! Contact us today to secure your next investment opportunity. 🌟
Property Map
"Your #1 Source for Off Market Real Estate Properties, Nationwide"
PROMISE LAND REALTY, LLC
Work: 248- 416-2574
All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. You do NOT HAVE PERMISSION to market this property WITHOUT EXPRESSED WRITTEN CONSENT. Proof of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. Realtors add your fee on top.
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