5500 CHALMERS ST Detroit MI 48213 MLS #20240091996

5500 CHALMERS ST
Detroit, MI, 48213
$114,000
4 Beds
2 Baths
1,904 SqFt
0.14 Acres
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**AMAZING 12% Cap Rate**HIGH ROI**CORNER LOT OPPORTUNITY**TURNKEY INVESTOR GEM located in a prime Detroit location. This ranch-style duplex is a cash flow powerhouse, rented at $800 and $900 per unit, generating a total of $1,700/month. It is priced to sell and offers incredible potential for investors seeking high returns. Start making money from day one!

Each unit features well-maintained interiors and reliable tenants in place. Situated on a corner lot, the property boasts excellent curb appeal and easy access to local amenities. Low maintenance and high-performing, this is an opportunity you don’t want to miss.

This turnkey property is professionally managed, allowing you to sit back and enjoy the passive income. Clean title, warranty deed, and title insurance provided. Tenant ledger available upon request.

Property Details

Price:
$114,000
MLS #:
20240091996
Status:
Active
Beds:
4
Baths:
2
Address:
5500 CHALMERS ST
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
SEFTON PARK SUB
Neighborhood:
05055 – Det Con-Mors/Grat. Hstn/7 Mack
City:
Detroit
Listed Date:
Dec 19, 2024
State:
MI
Finished Sq Ft:
1,904
ZIP:
48213
Lot Size:
6,098 sqft / 0.14 acres (approx)
Year Built:
1951
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Lia LoChirco

Lia LoChirco

Realtor®

Phone 586 321-9997

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
Ranch
Construction Materials
Brick
Parking Features
Detached, No Garage

Financial

Taxes
$2,069

Map

Community

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Courtesy of U.S. Investor Group. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the . Detailed information about real estate listings held by brokerage firms other than LoChirco Realty, LLC include the name of the listing broker. Neither the listing company nor LoChirco Realty, LLC shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. . All rights reserved.
Rover IDX
5500 CHALMERS ST
Detroit, MI