$119,000 for Sale

5500 chalmers street, detroit, MI 48213

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Beds 4 Baths 2 1,904 Sqft 0.14 Acres 1 of 3
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Property Description
**AMAZING 12% Cap Rate**HIGH ROI**CORNER LOT OPPORTUNITY**TURNKEY INVESTOR GEM located in a prime Detroit location. This ranch-style duplex is a cash flow powerhouse, rented at $800 and $900 per unit, generating a total of $1,700/month. It is priced to sell and offers incredible potential for investors seeking high returns. Start making money from day one! Each unit features well-maintained interiors and reliable tenants in place. Situated on a corner lot, the property boasts excellent curb appeal and easy access to local amenities. Low maintenance and high-performing, this is an opportunity you don't want to miss. This turnkey property is professionally managed, allowing you to sit back and enjoy the passive income. Clean title, warranty deed, and title insurance provided. Tenant ledger available upon request.
General Information
Sale Price: $119,000
Price/SqFt: $63
Est. Payments: $781
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Status: Active
MLS#: 20240091996
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: sefton park sub
Acres: 0.14
Lot Dimensions: 40.00 x 150.00
Bedrooms:4
Bathrooms:2   (2 full, 0 half)
House Size: 1,904 sq.ft.
Acreage: 0.14 est.
Year Built: 1951
Property Type: Single Family
Style: Ranch
Features & Room Sizes
Bedroom: 
Bedroom: 
Bedroom: 
Bedroom: 
Bath - Full: 
Bath - Full: 
Paved Road:  Paved
Garage:  No Garage
Garage Description:  Detached
Construction:  Brick
Exterior:  Brick
Basement:  Yes
Basement Description:  Unfinished
Foundation :  Basement
Heating:  Forced Air
Fuel:  Natural Gas
Waste:  Public Sewer (Sewer-Sanitary)
Watersource:  Public (Municipal)
Tax, Fees & Legal
Home warranty:  No
Est. Summer Taxes:  $1,962
Est. Winter Taxes:  $107
Legal Description:  E CHALMERS 109 SEFTON PARK SUB L38 P86 PLATS, W C R 21/478 40 X 150


IDX provided courtesy of Realcomp II Ltd. via Tremaine Real Estate and Realcomp II Ltd, ©2025 Realcomp II Ltd. Shareholders Listing By: Hasson Hammoud of U.S. Investor Group, Phone: (313) 644-0034
(810) 223-4272 Call Jeff Neville for more information about this property.

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This Home located at
5500 chalmers street, detroit MI 48213
is currently for sale priced at $119,000 and was listed on December, 19, 2024 and has been on the market for 48 days and was last updated on January, 29, 2025.

5500 chalmers street has 4 bedrooms, 2 bathrooms, and approximately 1,904 square feet. This home is in the detroit school district and has a lot size of 40.00 x 150.00 with 0.14 acres and was built in 1951. 5500 chalmers street is in the 48213 ZIP Code area of detroit.

If you have any question about this property or any others, please don't hesitate to contact me.