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Jim Blehm

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

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2903 Glendale St , Detroit, MI 48238
$965,000
Est. Payment: $2,144.44/mo
0 Bed
9 Bath
0 Sqft
Status: Active | Days on site: 134
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386963 - 390824
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House Description

**Turnkey Investment Opportunity – 9-Property Portfolio in Growing Detroit Market** Don’t miss this rare opportunity to acquire a fully renovated portfolio of nine single-family homes, each offering 2 bedrooms, 1 bathroom, wood burning fireplace in each unit, with additional attic and basement space—ideal for added storage or future value potential. All properties were extensively renovated in 2024, featuring brand-new plumbing, electrical systems, flooring, roofs, furnaces, and hot water tanks, providing peace of mind and minimal maintenance for years to come. The kitchens have been completely updated with new flooring, cabinets, countertops, and appliances, while bathrooms include all new fixtures, delivering a clean, updated look tenants will love. This package also includes a vacant lot (2921 Glendale), currently used for tenant parking, adding convenience and increased rental appeal. Portfolio includes: 2901, 2907, 2911, 2915, 2919, 2921 (vacant lot) Glendale 12735, 12741, 12745 Lawton. All properties are lead certified and in compliance, making this a truly turnkey investment. Perfect for investors looking to scale quickly with a stabilized, updated rental portfolio. Important Details: Property rooms/room sizes are estimated and should be verified by the buyer or buyer’s agent. A processing fee of 495.00 is required to be paid to the listing broker at closing. The buyer will receive a clean title, warranty deed, and title insurance for added peace of mind. Don’t miss this opportunity schedule your showing today. All properties are occupied, please do not disturb the tenants.

Highlights

Listed by Shenitha Raines , 773-543-3030 Realtyflo Inc , 313-466-7253.

Property Type

Multi-Family

Lot/Acreage
0.03

Year Built

1925

County

Wayne

School District

Detroit

Listing ID

20261023802

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:9
  • Full Bathrooms:

Exterior Features

Principal Interest
$2,144
Taxes
$72

Home Price

$965,000

Loan Details

30 yrs
%

Down Payment

20%
$193,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,144.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,144.44 $72.17 $0.00 $2,216.61
Yearly $25,733.33 $866.00 $0.00 $26,599.33
Total $772,000.00 $25,980.00 $0.00 $797,980.00

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.