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About the Listing 432297 - 366015
A compelling income-producing opportunity in Detroit’s University District, offering extensive renovations, established rental income, and additional value-add potential. Currently occupied, the property features two beautifully renovated primary units, each with an open layout, refinished original hardwood floors, solid wood cabinetry, updated bathrooms including an ensuite bath, and dedicated in-unit laundry hookups. Major improvements include new electrical, plumbing, HVAC, water heaters, windows, and roof. The upper residence also extends to a bonus third-floor en-suite with luxurious bathroom. The lower level has been framed and drywalled with a completed bathroom and separate laundry area, providing an opportunity to further maximize the property. Ideally positioned near the University of Detroit Mercy, Marygrove, Livernois Avenue of Fashion, restaurants, shopping, and continued redevelopment along McNichols. An excellent opportunity to acquire a substantially renovated property with rental income already in place and additional upside. One unit is currently leased at $1,700/month through May 31, while the second is leased at $1,800/month on a month-to-month basis.
Listing Highlights
Interior Details
- Bedrooms: 5
- Bathrooms: 5 Full
- Appliances: Dishwasher, Dryer, Free-Standing Electric Range, Free-Standing Refrigerator, Stainless Steel Appliance(s), Washer
- Air Cond: Central Air,ENERGY STAR® Qualified A/C Equipment
- Heating: ENERGY STAR® Qualified Furnace Equipment,Forced Air,Natural Gas
- Fireplaces: Living Room
- Floor:
- Above Ground Sq Ft: 2673
- Below Ground Sq Ft: 2673
- Basement: Partially Finished
- Other: Cable Available,ENERGY STAR® Qualified Window(s),3 Story,Ground Level w/Steps,ENERGY STAR® Qualified Furnace Equipment,Forced Air,1 Car,Pets Allowed
- Water: Water at Street
Exterior Details
- Garage Capacity: 1 car
- Lot Dimensions: 38.00 x 100.00
- Roof: Asphalt
- Others: Lighting,Brick,Paved
- Sewer: Sewer at Street
- Parking Features: Detached
Financial Details
- Tax Amount: $8,839
- Taxes w/Assessments: N/A
- Tax/Property ID: W02I003977S
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
17342 Warrington Dr Detroit, MI 48221
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