$350,000

553 Belmont Street, Detroit, MI 48202

  • 2 baths |
  • 2,204 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon5,663sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $159/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

THIS PROPERTY HAS BEEN APPRAISED FOR $350,000 WE CAN EMAIL YOU THE REPORT. Discover this beautifully renovated multifamily home in the heart of Detroit! This spacious property features two separate units, each offering 2 comfortable bedrooms and 1 full bathroom, making it an excellent option for multi-generational living, house hacking, or a solid investment opportunity. Both units have been recently remodeled, featuring fresh paint, updated flooring, and modern finishes throughout, creating a warm and inviting atmosphere. The kitchens are functional and stylish, perfect for everyday living or tenant use. As an investment property you can generate $1500 per month per unit. That's $36,000 gross annually! Whether you're looking to live in one unit and rent the other, or simply add a turnkey rental property to your portfolio, this home offers flexibility and income potential. Located in a growing area of Detroit, you'll be close to shopping, schools, public transportation, and major roadways, everything you need is just minutes away. Don't miss this incredible chance to own a beautifully updated duplex in a city full of opportunity. Schedule your showing today! This property has an alarm and is being monitored and recorded via camera system.

Listing Status:
Active
Date Added:
July 4, 2025 at 05:00AM
Listing Office:
EXP Realty Main : 888-501-7085
Listing Agent:
Sotero Lopez II : 586-863-3300
MLS ID:
60915468
  • Appliances: Gas Water Heater
  • Basement: Poured
  • Heating: Forced Air
  • Style: Colonial
  • General: Vinyl SidingTwoBasement
  • Road/Access: Paved
  • Originating MLS: MiRealSource
  • School District: Detroit City School District
  • County: Wayne
  • Zoning: N BELMONT E 45 FT 75 MOORE HODGES & WARRENS L14 P13 PLATSW C R 3/119 45 X 125
  • Water: Public
  • Source: MiRealSource

This listing courtesy of Sotero Lopez II, EXP Realty Main

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Detroit International Academy for Young Women

9026 Woodward Ave, Detroit, MI, 48202

Grades PK-12

0.60 miles away

D

Detroit International Academy for Young Women

9026 Woodward Ave, Detroit, MI, 48202

Grades PK-12

0.60 miles away

D

Detroit International Academy for Young Women

9026 Woodward Ave, Detroit, MI, 48202

Grades PK-12

0.60 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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