3026 Lothrop St

Detroit, MI 48206
  • $139,900

    Price
  • 4

    Bed
  • 2

    Bath
  • 2,054

    SqFt
  • 0.08

    Acre

About the Listing 375382 - 411264

Excellent opportunity for investors or owner-occupants! This tenant-occupied multifamily property offers an established income stream from day one. Each unit features 2 bedrooms, 1 full bath, and a kitchen, along with an unfinished basement. Current rents are $800/month for the upper unit and $1,100/month for the lower unit. Both tenants pay their own gas and electric, while the landlord is responsible for taxes and water. Investors can take advantage of the existing cash flow, or a future owner-occupant can explore living in one unit while generating rental income from the other. Conveniently located north of W Grand Blvd and east of Grand River. Please respect tenant privacy and do not approach or disturb tenants. BATVAI.

Listing Highlights

Status Active
Days on Site 15
Property Type Multi-Family
MLS ® 20261073681
Year Built 1926
Total Square Footage 2,054
Lot/Acreage 0.08

Interior Details

  • Bedrooms: 4
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond:
  • Heating: Steam,Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 2054
  • Below Ground Sq Ft: 1027
  • Basement: Unfinished
  • Other: 2 Story,Steam,Pets Allowed
  • Water: Public (Municipal)

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 30X120
  • Zoning: Multi-Family,Residential
  • Roof:
  • Others: Brick,Paved
  • Sewer: Sewer (Sewer-Sanitary)

Financial Details

  • Tax Amount: $3,916
  • Taxes w/Assessments: N/A
  • Tax/Property ID: W12I001242S
  • Tax Year: N/A

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Questions About..

3026 Lothrop St Detroit, MI 48206

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: Realcomp II Ltd

Agent profile image in chat bubble
Agent profile image in chat header

Terri Fenelon

Realtor/Associate Broker | Terri Fenelon Real Estate Group | Real Broker, LLC

Agent profile image in message

or another way