BEDS6
BATHS2 full
SQUARE FEET2,462
MLS#20261051790
STATUS(Short Sale) - Active
PROPERTY TYPEResidential - Single Family
SUBDIVISIONS T O R M F E L T Z- L O V E L Y C O S U B
SCHOOLDetroit
Property Description
Investment opportunity featuring a well-maintained duplex in a desirable neighborhood with immediate income potential. The upper unit is tenant occupied through April 2027, generating $1,300 per month, while the vacant lower unit offers immediate occupancy for an owner-occupant or the opportunity to lease and maximize cash flow. Both units are approved for Section 8, expanding rental flexibility.Each spacious 3-bedroom, 1-bath unit offers a functional layout with a living room, dining room, and full kitchen. The lower unit includes two refrigerators, and both units enjoy private entrances along with shared access to the basement and attic, providing valuable storage space.A newer gas forced-air furnace, installed approximately 2024, offers added peace of mind. The property is being sold as-is and presents an excellent opportunity for investors looking to expand their portfolio or buyers interested in offsetting their mortgage with rental income.Located in a neighborhood known for its friendly atmosphere and convenient access to local amenities, this duplex offers flexibility, steady income, and long-term investment potential. With one unit already producing rental income and the other ready for immediate use, this property is well-positioned for both seasoned investors and owner-occupants alike.
Property Features
Property Type: Residential - Single Family
Basement: Yes
Basement: Full, Unfinished
Cooling: Central Air
Heating: Forced Air, Natural Gas
Home Style: Colonial
Lot Size: 0.08 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $4,255
Year Built: 1916
Amenities
High Speed Internet
Programmable Thermostat
Lighting
Feature Descriptions
Community Features: Sidewalks
Days on Site: 21
Exterior: Brick
Laundry: Washer Hookup
Lot Dimensions: 35X104
Parcel#: W14I002928S
Parking: No Garage
Parking Notes: No Garage
Patio/Porch: Porch
Pets Allowed: Call
Sewer: Public Sewer
Summer Tax: 2644
Utilities: Above Ground Utilities, Cable Available, Underground Utilities
Water: Public
Winter Tax: 1611
Room Sizes
Bedroom: 11 X 9
Bath Full: 8 X 5
Local Schools
School District: Detroit
Listed By / Shown By
Listed By
Agency Name: EXP Realty The Perna Team
Agency Phone: 8885017085
Shown By
Agent Name: Thuy (Twee) Gimby
Agent Phone: Cell: (734) 502-1984
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 1,384.53 per month $978.90 Principal & Interest $354.58 Property Tax $51.04 Homeowner's Insurance
4357 W Philadelphia Street | MLS# 20261051790
This single family home located at 4357 W Philadelphia Street, Detroit, Mi 48204 is currently listed for sale with an asking price of $175,000. This property was built in 1916 and has 6 bedrooms and 2 full baths with 2462 sq. ft. W Philadelphia Street is located in the S T O R M F E L T Z- L O V E L Y C O S U B subdivision within the Detroit school district. Search S T O R M F E L T Z- L O V E L Y C O S U B real estate on thuygimby.ikeyrealty.com today.