$225,000

5856 barrett street, detroit, MI 48213

Property Description
PICTURES COMING SOON! LOCATED JUST 6 MINUTES FROM THE HISTORIC EAST ENGLISH VILLAGE YOU WILL FIND 5856 BARRETT NESTLED ON A 3,833 SQUARE FOOT LOT IN CHANDLER PARK QUIET NEIGHBORHOOD OF HOMEOWNERS. BRAND NEW ROOF TEAR OFF WITH 40 YEAR WARRANTY, THIS CROWN JEWEL DUPLEX CONSISTS OF 2 RECENTLY REMODELED SECTION 8 UNITS. SHE HAS BEEN CAREFULLY UPGRADED AND HAS 2025 FURNACES AND HOT WATER TANKS. IN ADDITION, EACH UNIT HAS BRAND NEW ELECTRICAL  AND PLUMBING AS WELL TO INSURE MAINTENANCE FREE CASH FLOW. BRAND NEW SIDING AND ALUMINUM TRIM PAIRED WITH NEW WINDOWS COMPLETE THE CURB APPEAL TO YOUR ROYAL HIGHNESS.  EACH SPACIOUS 3 BEDROOM UNIT HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS FROM SAME AGENCY AND THE MONTHLY DIVIDENDS OF $2,550 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT. TENANTS PAY ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20%. THE TAXES HAVE BEEN REDUCED TO
General Information
Price: $225,000
Price/SqFt: $105
Status: Active
MLS#: 20250034865
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: blankes park side sub
Acres: 0.09
Lot Dimensions: 35.00 x 110.00
Bedrooms:0
Bathrooms:2   (2 full, 0 half)
Size: 2,140 sq.ft.
Acreage: 0.09 est.
Year Built: 1927
Property Type: Multifamily
Style: 2 Story
Features & Room Sizes
Exterior:  Brick
Basement:  1
Heating:  Forced Air
Tax, Fees & Legal
Est. Summer Taxes:  $461
Est. Winter Taxes:  $32
Map


IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and , ©2025 Realcomp II Ltd. Shareholders Listing By: Marta Kopania of Downtown Realty, Phone: (313) 466-7253
(810) 845-7861 Call Geri Schnekenburger for more information about this property.

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