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About This Home

This 3-bedroom, 3-bathroom single family at 5200 Chalmers Street in Detroit, MI is listed for $150,000 ($79 per sqft). Built in 1951, the home offers 1,904 sqft of living space on a 0.14 acres lot.

Agent Description

Calling all investors and first- time buyers! Great opportunity to own a multi-family property on the East Side of Detroit. This brick-ranch style duplex offers excellent potential and a chance to create immediate value. This property features two units- two spacious units, one- bedroom unit and a two bedroom unit, each offering a full bath, kitchen and living area.

The home also includes a basement for additional storage and possibilities. With a little TLC and your vision this property has the potential to become a strong cash flowing investment, or a great opportunity for an owner-occupant looking to build equity. Whether your expanding your rental portfolio or purchasing your first-income producing property. this East Side Detroit gem is ready for your finishing touches. BATVAI- all measurements are approx.

Key Features

  • Built in 1951
  • 0.14 acre lot

Property Details

1 story
2 full, 1 half
1951

Monthly Cost Estimate

$802/mo

20% down · 6.5% · 30 years

Principal$108
Interest$650
Insurance$44

Estimates only. Actual payments may vary.

Location

5200 Chalmers Street

Detroit, MI 48213

Sefton Park Sub

Property Details

Construction

Brick

Heating

Forced Air

Questions & Answers

This 3-bedroom, 3-bathroom single family at 5200 Chalmers Street is listed at $150,000 ($79/sqft). The estimated monthly payment is $650 based on 20% down at 6.5% interest.

Key features include: Built in 1951, 0.14 acre lot.

This property is listed by Leonisha Burk and can be reached at (248) 304-6700 or L.Travionne@salrealty.info.

LB

Leonisha Burk

Agent at Real Estate One-Southgate

(248) 304-6700

Listed by Real Estate One-Southgate · View on Broker Site

MLS# 20261043787· Source: listhub· Updated 6 days ago

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5200 Chalmers Street, Detroit, MI 48213

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