$200,000
Est. payment /mo
2 Baths
4,791 Sqft Lot
New
3920 Devonshire Road Detroit, MI 48224
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261032525
HOA Y/N true
Year Built 1941
Annual Tax Amount $1,452
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 40X114
Source Realcomp
Property Description
Turnkey multifamily investment opportunity generating strong cash flow in a high-demand rental market. This income-producing property is currently tenant occupied with a Section 8 tenant paying $2,300/month, offering immediate and reliable rental income for investors. Estimated 13% cap rate makes this an attractive addition to any rental portfolio. Property offers solid income potential with stable occupancy and low vacancy risk. Ideal for both seasoned investors and buyers looking to expand their cash-flowing assets. Conveniently located near major roads, shopping, schools, and public transportation. Do not disturb tenant. Proof of funds required prior to showing or release of additional information.
Location
State MI
County Wayne
Zoning Multi-Family
Direction N Of Mack And W Of Cadieux
Interior
Heating Forced Air
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Water Public
Structure Type Brick,Wood Siding
Schools
School District Detroit
Others
Tax ID W21I070447S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Sonic Realty LLC
NEARBY SCHOOL & BUSINESS
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