15824 steel street, detroit, MI 48227

MULTIPLE OFFER SITUATION! HIGHEST AND BEST DUE BY SATURDAY AT NOON Located just 7 minutes from. infamous Bagley and University District, you will find 15824 steel Nestled on a 3,933 square foot lot in a quiet neighborhood of homeowners. This crown jewel duplex consists of 2 recently remodeled 3+ bed room units, While boasting a brand new roof with 40 year high definition shingles. Each unit has been upgraded with has newly installed heating system and hot water tank. In addition, each unit has brand new electrical and plumbing to insure maintenance free cash flow. Furthermore, the entire complex has new electrical and plumbing from top to bottom. Each spacious unit has freshly rolled paint, top of the line wall to wall carpet and premium underlayment. The units are freshly leased as of 10-1-2022 two section 8 tenants and the monthly dividends are paid by section 8 as follows: $1595 and $1499. The tenants pay all the utilities, which allows this complex to maintain a near 22% cash on cash return. Property taxes have been reduced to roughly $100 per month. This Diamond will be wrapped around a lucky owner's finger soon! No showings without accepted full list offer.

IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and Realcomp II Ltd, ©2025 Realcomp II Ltd. Shareholders Listing By: Marta Kopania of Discover Real Estate, Phone: (586) 770-6565