7542 Meadow AvenueWarren, MI 48091

About

This Home

INVESTOR ALERT! Turnkey, High-Yield Duplex Generating MORE 1% Monthly Return! Rare opportunity to acquire a fully updated, fully occupied, high-performing duplex generating guaranteed income. Backed by reliable agency/organization-paid leases with model tenants, this property delivers immediate, hands-off cash flow from Day 1 with significant upside potential on upcoming lease renewals. LET'S TALK ABOUT PROPERTY HIGHLIGHTS & FINANCIAL BREAKDOWN: Lower Unit (2 Beds / 1 Bath): $1,300/mo guaranteed rent. Features updated vanity, new carpet/flooring, and fresh paint. Upper Unit (4 Beds / 1 Bath): $1,500/mo guaranteed rent. Updated kitchen featuring newer cabinets and countertops. Total Current Income: $2,800/mo ($33,600/yr) which is exceeding the 1% rule! Zero immediate capital expenditures needed! This building has been extensively updated! Updated mechanicals! High-efficiency heating systems, newer furnace and newer water heater. Updated plumbing and electrical work, newer electrical panels for both units, and modern plumbing/electrical fixtures throughout. Vinyl windows throughout (with blinds), newer front roof, and fully repainted interior. Inclusions: Both sets of unit appliances are landlord-owned and convey with the sale. The property includes an adjacent FREE buildable lot—a massive value-add for future development, expansion, or separate resale! The seller is liquidating equity solely to fund another project, creating a rare opening to step into a fully stabilized, turnkey income producer. Leads immediately with the 1%+ rule, $2,800/mo income, and guaranteed lease structure to hook investor attention in search feeds. Emphasizes that leases are paid through housing agencies signaling reliable rent collection and minimal vacancy risk. Updated mechanicals, roof, electrical, and plumbing into a clear section to prove to out-of-state or local hands-off investors that maintenance costs will be low.

Details

Property Type

Residential Income

Style

Multi Family

Year Built

1942

Lot Size

0.09 acres

Garage Spaces

0

Heating

Forced Air, Natural Gas

Cooling

None

Basement

Crawl Space

Annual Taxes

$307

MLS #

20261076376

Gallery