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About the Listing 338536 - 417241
Live in one, rent the other, or rent both! Listed at $153,000, 5378–5382 Vancouver Street is an updated brick duplex with two 2-bedroom units and about 2,088 square feet. Numerous updates, appliances included, and new mechanicals add value and appeal for investors, owner-occupants, and house hackers. At projected rents of $1,250 per unit, this property offers $2,500 in monthly gross rental potential ($30,000 annually) and an estimated 12.1% pro forma cap rate. Rent both units to grow your portfolio, or occupy one while the other's rental income helps offset your housing costs. Located in Detroit’s west-side Tireman area with convenient access to New Center, Henry Ford Hospital, and Downtown’s dining, entertainment, and employment destinations. Updated, available, and ready for your next move. Schedule your showing today! Projected cap rate uses full rental income, reported annual taxes of $2,818, estimated insurance of $1,200, and a 25% allowance for vacancy and other operating costs. Actual results may vary. Buyer to verify all information.
Listing Highlights for 5378 Vancouver St
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating: Forced Air,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2088
- Below Ground Sq Ft: 1044
- Basement: Unfinished
- Other: Smoke Alarm,Laundry Facility,2 Story,Forced Air,Pets Allowed
- Water: Water at Street
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 30X136.63
- Zoning: Multi-Family
- Roof: Asphalt
- Others: Fenced,Aluminum,Paved
- Sewer: Sewer at Street
Financial Details
- Tax Amount: $3,219
- Taxes w/Assessments: N/A
- Tax/Property ID: W16I002860S
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Listing Location
Questions About..
5378 Vancouver St Detroit, MI 48204
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