18657 Binder Street
Property Description
Look no further than this 2 unit, established rental income Duplex, and an opportunity to expand your investment portfolio. Offered at $141,500, this fully occupied Detroit duplex currently generates $1,800 in combined monthly rent-$21,600 annually-with an approximate 15.3% gross rental yield before expenses. Each unit features two bedrooms, one full bathroom, a kitchen, living room, and dining room, offering functional layouts across approximately 1,500 square feet. Renovated in 2017, the property includes a covered front porch, enclosed backyard, and an unfinished basement with laundry space. Convenient access to parks, shopping, and major freeways adds to its rental appeal. Tenant occupied; showings require at least 48 hours' advance notice. Buyer and buyer's agent to verify all property information, rental income, and expenses.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $141,500 |
| No. of Units: | 2 |
| Year Built: | 1925 |
| Lot Size: | 1,500.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $70,750 |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 2 |
ID: 3yd-REALCOMPMI-20261083246
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