JUST INSTALLED! BRAND NEW ROOF TEAR OFF WITH 40 YEAR WARRANTY! LOCATED JUST 6 MINUTES FROM THE HISTORIC EAST ENGLISH VILLAGE YOU WILL FIND 5856 BARRETT NESTLED ON A 3,833 SQUARE FOOT LOT IN CHANDLER PARK QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL DUPLEX CONSISTS OF 2 RECENTLY REMODELED SECTION 8 UNITS. SHE HAS BEEN CAREFULLY UPGRADED AND HAS 2025 FURNACES AND HOT WATER TANKS. IN ADDITION, EACH UNIT HAS BRAND NEW ELECTRICAL&AND PLUMBING AS WELL TO INSURE MAINTENANCE FREE CASH FLOW. BRAND NEW SIDING AND ALUMINUM TRIM PAIRED WITH NEW WINDOWS COMPLETE THE CURB APPEAL TO YOUR ROYAL HIGHNESS. EACH SPACIOUS 3 BEDROOM UNIT HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS FROM SAME AGENCY AND THE MONTHLY DIVIDENDS OF $2,550 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT. TENANTS PAY ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20%. THE TAXES HAVE BEEN REDUCED TO ROUGHLY $100 PER MONTH. THIS DIAMOND WILL WRAPPED AROUND A LUCKY OWNER’S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER. LET’S CLOSE!
Property Details
Price:
$175,000
MLS #:
20250034865
Status:
Active
Beds:
0
Baths:
2
Address:
5856 BARRETT ST
Type:
Single Family
Subtype:
Multi Family
Subdivision:
BLANKES PARK SIDE SUB
Neighborhood:
05055 – Det Con-Mors/Grat. Hstn/7 Mack
City:
Detroit
Listed Date:
May 13, 2025
State:
MI
Finished Sq Ft:
2,140
ZIP:
48213
Lot Size:
3,920 sqft / 0.09 acres (approx)
Year Built:
1927
See this Listing
I’m a first-generation American with Italian roots. My journey combines family, real estate, and the American dream. Raised in a loving home, I embraced my Italian heritage and studied in Italy before returning to the US. As a mother of four, married for 30 years, my joy is family time. Real estate runs in my blood, inspired by my parents’ success in the industry. I earned my real estate license at 18, learned from a mentor at Century 21, and continued to grow at Remax. In 2022, I became the…
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Schools
School District:
Detroit
Interior
Bathrooms
2 Full Bathrooms
Heating
Forced Air, Natural Gas
Exterior
Architectural Style
Bungalow
Construction Materials
Brick
Parking Spots
2
Financial
Taxes
$493
Map
Community
- Address5856 BARRETT ST Detroit MI
- SubdivisionBLANKES PARK SIDE SUB
- CityDetroit
- CountyWayne
- Zip Code48213
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