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Jim Blehm

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

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4016 Hogarth St , Detroit, MI 48204
$199,900
Est. Payment: $444.22/mo
0 Bed
3 Bath
0 Sqft
Status: Active | Days on site: 7
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338536 - 378931
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House Description

One unit leased. One unit ready for you! Space, character and location come together in Detroit’s Petoskey-Otsego neighborhood! This spacious brick duplex offers an appealing option for an owner-occupant, house hacker or investor looking to own in an area experiencing continued investment and redevelopment. Each unit has its own entry and features 2 very spacious bedrooms, 1 full bath, a living room with a natural brick fireplace, formal dining area, office and private basement space. Much of the original woodwork has been maintained to showcase the craftsmanship and character of this classic Detroit home. The upper unit is currently leased at $1,200/month, providing immediate rental income, while the second is vacant and ready for occupancy, an ideal setup to live in one while generating income from the other. The location adds another attractive layer to the opportunity. Conveniently situated near New Center, Midtown and Downtown Detroit, the property puts some of the city's most recognizable destinations within easy reach, including Henry Ford Hospital, the Motown Museum and the iconic Fisher Building. This area continues to attract new investment, including the redevelopment of the historic Lee Plaza high-rise, adding to the momentum of this westside Detroit neighborhood. Whether you're looking for a place to call home while generating rental income or your next investment property, this duplex offers an appealing combination of location, flexibility and existing income. With one unit already producing revenue and the other ready for its next occupant, the opportunity is already in place. Bring your vision and make it yours! Schedule your showing today.

Highlights

Listed by Clayton Neal , 313-433-3920 KW Metro , 248-288-3500.

Property Type

Multi-Family

Lot/Acreage
0.09

HOA Fee

Year Built

1916

County

Wayne

School District

Detroit

Listing ID

20261073227

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Interior Features

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

Exterior Features

Principal Interest
$444
Taxes
$166
HOA
$0

Home Price

$199,900

Loan Details

30 yrs
%

Down Payment

20%
$39,980
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Monthly Price:
$444.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $444.22 $166.33 $0.00 $610.56
Yearly $5,330.67 $1,996.00 $0.00 $7,326.67
Total $159,920.00 $59,880.00 $0.00 $219,800.00

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.