5217 Lakeview Street
Property Description
Attention Investors! Savvy real estate investors understand that long-term appreciation often follows major public and private investment. This recently renovated duplex is ideally situated just steps from the 200-acre Chandler Park, which is home to the 14 Million Chandler Park Fieldhouse, and near the transformative redevelopment of the 52-acre Villages at Parkside community, where Detroit Housing has partnered on a significant neighborhood revitalization project. Extensively updated both inside and out, this turnkey, low-maintenance duplex offers an outstanding opportunity to enter or expand your portfolio in one of Detroit's emerging investment corridors. With the major improvements already completed, you can avoid costly renovations and begin generating rental income immediately while positioning yourself to benefit from the area's continued growth and redevelopment. Whether you're a first-time investor or an experienced landlord, this income-producing property offers strong upside potential in a rapidly evolving market. Currently generating $2400/mo in gross income. Requires an accepted offer prior to any showings.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $176,900 |
| No. of Units: | 2 |
| Year Built: | 1928 |
| Lot Size: | 1,680.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $88,450 |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 2 |
ID: 3yd-REALCOMPMI-20261048147
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