Active

7406 Oakland Street
Detroit, MI 48211

$329,000

0 photos

4

Full Baths

2,262

Square Feet
Excellent Air BnB and cash flow opportunity! Recently renovated, this 4-unit property offers a mix of studio, one-bedroom, and two-bedroom units, catering to a diverse tenant base and maximizing income potential. This property is in the quickly-growing North End neighborhood, walkable to restaurants and coffee shops. With the potential for steady rental income and the recent renovations minimizing maintenance costs, this quadplex stands as a strategic investment for those seeking to build a reliable stream of passive income in an emerging Detroit neighborhood. Due to location, unit sizes, and separate entrances, this is a versatile investment and could be a blend of short, mid and long-term rentals. Updates include: full unit remodels - kitchens with granite counters and new appliances, bathrooms with new vanities and fixtures, and new flooring throughout. Other recent updates: new furnaces, plumbing, roof, and hot water tanks. Gas and electric meters are separate, so tenants pay their own - water, lawn and snow included in the rent.
Reinhart Realtors

Presented By

Reinhart Realtors

800-442-4404

Type

  • Multi Family

City/Township

  • Detroit

Year Built

  • 1910

MLS#

  • 20230098023

Lot Size

  • 0.08 Acres

Style

  • Quadruplex






Estimated Monthly Payment Breakdown


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