Income-Producing Brick Duplex | Section 8 | Turnkey Solid brick duplex featuring two spacious 3-bedroom, 1-bath units, one on each level. Each unit includes its own private basement with separate laundry, offering convenience and strong tenant appeal. Both units are currently rented, generating a combined monthly income of $2,700. One unit is occupied by a Section 8 tenant, providing stable, government-backed income, while the second unit is leased to a standard cash tenant, creating a balanced and diversified rental stream. This is a true turnkey asset with extensive 2024–2025 upgrades, keeping CAPEX reserves in your pocket, not in the property. Nearly everything a new owner would typically worry about has already been addressed: -Updated kitchens in both units (2025) -Updated bathrooms in both units (2025) -New windows in the lower unit (2025) -Fresh paint throughout the entire building (2025) -New water lines (2024) -New electrical lines (2024) Separate utilities, functional layout, and strong rental history make this an ideal opportunity for investors seeking immediate cash flow. Also well-suited for owner-occupants looking to offset or potentially eliminate their mortgage with rental income.
Listed By
Agency Name: Tarar Homes
Agency Phone: (313) 888-0315
Shown By
Agent Name: Danielle Strickler
Agent Phone: (419) 290-9674
Agency Title: Key Realty
Estimated Payment
$ 1,147.65 per month $1,090.77 Principal & Interest $0.00 Property Tax (data not provided by mls) $56.88 Homeowner's Insurance
5061 Hillsboro Street | MLS# 20261003938
This multi-family property located at 5061 Hillsboro Street, Detroit, MI 48204 is currently listed for sale with an asking price of $195,000. Hillsboro Street is located within the Detroit school district. Search Detroit real estate on www.danielle-realty.com today.