Quick Summary
Quick Summary
- Income producing property with 3 rental units
- Stunning Detroit and river views from units
- Separate entrances and ensuite laundry for units
- Potential for $6500 monthly gross income
- 7-year limited Tarion warranty
CONTEMPORARY 2-STOREY TRIPLEX TO BE BUILT IN THE OLD RIVERSIDE AREA. THIS INCOME PRODUCING PROPERTY 1 FRONTING DETROIT AMAZING VIEW, STEPS AWAY FROM DOWNTOWN AND CEASARS, OFFERS 3 RENTAL UNITS (MAIN-UPPER-BASEMENT) EACH HAVING SEPARATE ENTRANCES WITH 2 BEDROOMS, LIVING AREA, KITCHEN, BATH, AND ENSUITE LAUNDRY. MAIN AND UPPER UNIT HAVE... Show More
CONTEMPORARY 2-STOREY TRIPLEX TO BE BUILT IN THE OLD RIVERSIDE AREA. THIS INCOME PRODUCING PROPERTY 1 FRONTING DETROIT AMAZING VIEW, STEPS AWAY FROM DOWNTOWN AND CEASARS, OFFERS 3 RENTAL UNITS (MAIN-UPPER-BASEMENT) EACH HAVING SEPARATE ENTRANCES WITH 2 BEDROOMS, LIVING AREA, KITCHEN, BATH, AND ENSUITE LAUNDRY. MAIN AND UPPER UNIT HAVE WALKOUT PATIO, BALCONY RESPECTIVELY, TO ENJOY BEAUTIFUL DETROIT CITY & RIVER VIEW. POTENTIAL OF $6500 GROSS MONTHLY INCOME, ABOUT 8% CAP RATE. 7-YRS LIMITED TARION WARRANTY. CALL THE LISTING AGENT FOR MORE SPECIFIC INFO. ADJACENT HOUSE AT 781 CHATHAM IS ALSO FOR SALE, MLS® 24008060. (id:54626)
Property Details
Size
Parking
Build
Heating & Cooling
Rooms
Laundry room
Laundry
Kitchen
Kitchen
Bedroom
Bedroom
Bedroom
Bedroom
4pc Bathroom
Bathroom
Laundry room
Laundry
Book A Private Showing
For Sale Nearby
Sold Nearby
- 4
- 3
- 3
- 2
- 2
- 1
- 1
- 1
- 3
- 2
- 4
- 2
- 4
- 2
- 700 - 1,100 Sq. Ft.
- 2
- 1
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.