Discover a prime investment opportunity with this four-unit multifamily property located at 5907 Iroquois Street in Detroit. The building comprises three spacious three-bedroom units and one two-bedroom unit, offering a versatile portfolio for potential investors.
Property Highlights:
• Total of 11 bedrooms and 4 bathrooms across all units
• Each unit features a comfortable layout suitable for various tenant needs
• Recent updates include newer furnaces, hot water tanks, plumbing, and electrical panels, ensuring reduced maintenance costs and enhanced tenant satisfaction
• Conveniently located near I-94, providing easy access to downtown Detroit, just a 10-minute drive away
This property presents an excellent opportunity for both seasoned investors and those new to real estate investment. The combination of occupied units generating steady income and two units ready for occupancy makes this a compelling addition to any portfolio.
Don’t miss out on this chance to invest in a property with substantial income potential in a prime Detroit location. Contact us today to schedule a viewing or for more information.
Property Highlights:
• Total of 11 bedrooms and 4 bathrooms across all units
• Each unit features a comfortable layout suitable for various tenant needs
• Recent updates include newer furnaces, hot water tanks, plumbing, and electrical panels, ensuring reduced maintenance costs and enhanced tenant satisfaction
• Conveniently located near I-94, providing easy access to downtown Detroit, just a 10-minute drive away
This property presents an excellent opportunity for both seasoned investors and those new to real estate investment. The combination of occupied units generating steady income and two units ready for occupancy makes this a compelling addition to any portfolio.
Don’t miss out on this chance to invest in a property with substantial income potential in a prime Detroit location. Contact us today to schedule a viewing or for more information.
Property Details
Price:
$390,000
MLS #:
20240085916
Status:
Active
Beds:
0
Baths:
5
Address:
5907 IROQUOIS ST
Type:
Single Family
Subtype:
Multi Family
Subdivision:
STEPHENS ELM PK PLATS
Neighborhood:
05052 – Det: 6-Mack I75-Conner
City:
Detroit
Listed Date:
Nov 14, 2024
State:
MI
Finished Sq Ft:
4,680
ZIP:
48213
Lot Size:
6,534 sqft / 0.15 acres (approx)
Year Built:
1923
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
4 Full Bathrooms, 1 Half Bathroom
Heating
Hot Water, Natural Gas
Exterior
Architectural Style
Colonial
Construction Materials
Aluminum Siding, Brick
Financial
Taxes
$7,555
Map
Community
- Address5907 IROQUOIS ST Detroit MI
- SubdivisionSTEPHENS ELM PK (PLATS)
- CityDetroit
- CountyWayne
- Zip Code48213
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5907 IROQUOIS ST
Detroit, MI
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