12144 Washburn StreetDetroit, MI 48204

About

This Home

To respect our tenants' privacy, interior showings are available upon accepted offer only. Please do not disturb occupants. Sold AS IS. Fully Rented Brick Two-Family + Bonus Third Unit — Income From Day One! All three units are fully utility-separated, with individual electric and gas meters, dedicated water heaters, and separate furnaces. Current rents are $1,250 for Unit 1, $1,150 for Unit 2, and $700 for Unit 3. Cash flow starts the moment you close on this handsome yellow-brick two-family — duplex, with a fully finished bonus third-floor suite. All units are occupied and generating income right now, so there's no vacancy, no waiting. Just turnkey returns. Every unit has been fully remodeled top to bottom: gleaming refinished hardwood floors, brand-new carpet, fresh neutral paint, and updated kitchens with new cabinetry, granite-look counters, and sleek gooseneck faucets. The first-floor unit charms with a classic painted-brick fireplace flanked by original leaded-glass built-ins — character you simply can't build anymore. Updated baths, new flooring, and ceiling fans throughout round out the package. The finished third level is the showstopper: a private suite with its own kitchenette, full bath, and cozy dormered living space — already occupied and adding to the bottom line, the kind of value-add most investors only dream of finding already done. Add a covered front porch, upper balcony, and fenced yard, and you've got a rock-solid, fully performing brick asset that's been renovated, rented, and ready to hand over. No projects. No surprises. Just deposits. Three remodeled units. Rent checks. One smart buy — don't let this one get away.

Details

Property Type

Residential Income

Style

Multi Family

Year Built

1926

Lot Size

0.09 acres

Garage Spaces

0

Heating

Forced Air, Natural Gas

Cooling

None

Basement

Full, Unfinished

Annual Taxes

$4,711

MLS #

20261061159

Gallery