613 BELMONT Street, Detroit, MI 48202 – 20240077994

Key Details

Property Type Multi-Family

Sub Type Colonial

Listing Status Pending

Purchase Type For Sale

Square Footage 2,121 sqft

Price per Sqft $122

Subdivision Moore Hodges & Warrens Sub (Plats)

MLS Listing ID 20240077994

Style Colonial

Bedrooms 2

Full Baths 2

Originating Board Realcomp II Ltd

Year Built 1913

Annual Tax Amount $1,727

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 30.00 x 125.00

Property Description

Introducing an exceptional turnkey investment opportunity located in the North End neighborhood, just minutes from Hamtramck, Midtown, and Downtown. This fully renovated duplex, updated in 2019, offers a perfect blend of modern amenities and classic charm. Whether you're looking to live in one unit and rent out the other or fully lease both units for a steady stream of income, this property is primed for immediate financial returns.

Key Features:

Fully Renovated: New electric, windows, HVAC system, and roof—all installed in 2019. Both units boast modern kitchens and bathrooms, with gleaming hardwood floors throughout, offering durability and timeless appeal.
Long-Term Tenancy: The upstairs unit is occupied by reliable, long-term tenants who have called this place home for over three years, ensuring immediate and steady rental income.
Bonus Opportunity: Two adjacent side lots, owned by the Detroit Land Bank Authority (DLBA), are available as an additional purchase, offering endless possibilities for expansion, outdoor space, or further development.
Located in a rapidly appreciating neighborhood with close proximity to key city attractions, this duplex is an excellent choice for both new and seasoned investors. Take advantage of the property's move-in-ready condition and the potential for additional growth with the side lots. This is a rare chance to acquire a hassle-free, income-generating asset in one of Detroit’s most sought-after areas. Don’t miss out on this prime investment—schedule your viewing today!

Location

State MI

County Wayne

Area Det: Livernois-I75 6-Gd River

Zoning Multi-Family

Direction 75 N exit off Holbrook. Take Holbrook to Oakland, go North on Oakland Ave. Left on Belmont.

Rooms

Basement Unfinished

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central Air

Fireplace no

Heat Source Natural Gas

Exterior

Waterfront no

Roof Type Asphalt

Road Frontage Paved

Garage no

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Colonial

Level or Stories 2 Story

Structure Type Brick

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID W03I002741S

Ownership Broker/Agent Owned,Short Sale - No

Assessment Amount $340

Acceptable Financing Cash,Conventional,FHA,VA,Warranty Deed

Rebuilt Year 2019

Listing Terms Cash,Conventional,FHA,VA,Warranty Deed

Financing Cash,Conventional,FHA,VA,Warranty Deed