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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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1714 Calvert St , Detroit, MI 48206
$199,995
Est. Payment: $444.43/mo
0 Bed
3 Bath
0 Sqft
Status: Active | Days on site: 66
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352856 - 460024
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House Description

Turnkey investment opportunity in Detroit’s Dexter-Linwood neighborhood, steps from the historic Boston-Edison district. This well-maintained 2,530 sq ft duplex offers two spacious 2-bedroom, 1-bath units, each benefiting from recent updates and true pride of ownership, including a brand new roof and HVAC system both installed in 2022. A rare find for investors and owner-occupants alike. The lower unit is currently occupied, giving the new owner full flexibility to move in and house hack by living in one side while the other helps cover the mortgage. Based on current area comps, the property carries an estimated combined market rent of $2,800 a month at $1,400 per unit, offering strong cash flow potential from day one. Location seals the deal, with this address sitting minutes from the tree-lined mansion streets of the Boston-Edison Historic District and Voigt Park, and just up the road from New Center, where major investment continues to reshape the corridor, including Henry Ford Health’s 1.2-million-square-foot “Destination: Grand” expansion and the Detroit Pistons’ upcoming 154-unit apartment development. Wayne State University and Midtown’s restaurants, shops, and cultural venues are under two miles away, with downtown Hamtramck’s retail and dining scene just a mile east. Whether you’re an investor chasing reliable rental income in an appreciating corridor or a first time buyer looking to house hack your way into ownership, this duplex is a compelling play in one of Detroit’s most promising submarkets.

Highlights

Listed by Drake O'Donnell , 313-693-0984 NATOD Management , 248-609-7108.

Property Type

Multi-Family

Lot/Acreage
0.11

Year Built

1922

County

Wayne

School District

Detroit

Listing ID

20261053779

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:3
  • Full Bathrooms:
Water:Public

Exterior Features

Principal Interest
$444
Taxes
$525

Home Price

$199,995

Loan Details

30 yrs
%

Down Payment

20%
$39,999
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Monthly Price:
$444.43

Principal

Taxes

Principal Taxes HOA Total
Monthly $444.43 $525.08 $0.00 $969.52
Yearly $5,333.20 $6,301.00 $0.00 $11,634.20
Total $159,996.00 $189,030.00 $0.00 $349,026.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.