7406 OAKLAND Street, Detroit MI 48211 (Off Market)

For Sale, USD 299,000


7406 OAKLAND Street, Detroit MI 48211,

Property Type : Multi-Family Home

Property Style : N/A

Build Size : 2,262 ft² / 210 m²

Land Size : N/A

Bedroom : 4

Bathroom : 4

Half Bathroom : 0

MLS#: N/A


Property Description

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. PLEASE NOTE this property has some structural repairs and the property has been priced accordingly. Inspection reports and quotes available upon request.
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7406 OAKLAND Street, Detroit MI 48211, United States,Michigan,Detroit is a 2,262ft² Detroit luxury Multi-Family Home listed for sale USD 299,000. This high end Detroit Multi-Family Home is comprised of 4 bedrooms and 4 baths. Find more luxury properties in Detroit or search for luxury properties for sale in Detroit.