LEAN estates
MULTI-FAMILY REAL ESTATE INVESTMENTS

Deals

Properties available by LEAN estates and partners.

Deals Available 

2-UNIT DUPLEX

2-UNIT DUPLEX

46,000.00

20310 – 20312 Schoenherr st.
Detroit, MI 48205

sold out
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SUMMARY

 

Highlights

Perfect Multi-Family Starter Property!

Collect $12,600 a Year on this
Super Duplex
In Detroit, Michigan

  • 100% Occupied*
  • Amazing LOW Price – Motivated to Sell!
  • Are you looking for real passive income?
  • Are you looking to multiply your returns in real estate?
  • Tired of competing over single family units?
  • For less than the price of most Single Family Homes, you can have 2 income-producing units!

PRICED TO MOVE QUICKLY AT $46,000

Investment Opportunity

  • Purchase Price: $46K

  • Building Class: C

  • Location Class: C

  • Pro CAP: 15%

  • PRO NOI: $6,930

  • Excellent opportunity for an investor to get on board with a stable property which offers a significant upside with rent increases


 

Investment Benefits

  • Perfect Duplex Started

  • Priced to Move

  • Buy Two Income Producing Units in One

  • Perfect for your Self-Directed IRA

  • Ideal for the Part-Time Real Estate Investor

  • Stable Area, Stays Rented

  • Comes with Management (optional)

  • 100% Occupied

  • On the northern outskirts of Detroit,  just south of the suburb of Warren

  • $6,930 estimated annual NOI

  • 2 units (as is), occupied with stable renters, money making units

  • Perfect small apartment multi-family deal

  • Terms: Cash or cash to new financing


 

Property Details

Price: $46K
Address: 20310 Schoenherr St
City: Detroit
State: MI
Zip Code: 48205

Terms: For Sale
Property Type: Duplex

 

This is an Off-Market Deal

For additional information and an Information Packet see below.

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