Residential in Detroit

$125,000

4625 Chalmers, 48215, Detroit, MI

Residential for sale in Detroit, 4625 Chalmers, 48215, 1500 m²

4625 Chalmers, 48215, Detroit, MI

$125,000

5Bed
2Bath
1500
Type: Residential

Description

This renovated 5-bedroom, 2-bath bungalow is currently tenant occupied with a lease generating $1, 500 per month ($18, 000 annually), providing immediate rental income from day one. The property was acquired in 2023 and extensively renovated prior to tenant occupancy, offering a low-maintenance investment with strong long-term appreciation potential. Featuring approximately 1, 500 square feet of living space, a functional floor plan, and established rental history, this property is an excellent addition to any investor's portfolio. Photos taken prior to tenant occupancy are available upon verification of proof of funds. Tenant occupied—please do not approach or disturb the tenant. Showings are reserved for parties with an accepted offer only. This property is one of 20 investment properties offered individually or as part of a portfolio acquisition. Sellers are willing to complete the portfolio transaction through an entity sale, providing a streamlined acquisition process and potential tax and operational advantages. Buyers are encouraged to consult with their legal and tax advisors regarding the benefits of an entity acquisition. Buyer and Buyer's Agent to verify all information.

Location

4625 Chalmers, 48215, Detroit, MI

Data

Object TypeResidential
Purchase Price$125,000
Living Space1500 m²
Plot Size404.69 m²
Bathrooms2
Construction Year1950
ConditionNot specified
Rooms5

Energy Information

Heating TypeForced Air, Natural Gas
Primary Energy SourceN/A
Construction Year1950
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent