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Jackie Jones Kapuscinski

jackie@jackiejonesrealtor.com +1(419) 260-2806

$ 250,000

Est. payment | -/mo

6 Beds

2 Baths

2,700 SqFt

Save

$ 250,000

Est. payment | -/mo

Save

6 Beds

2 Baths

2,700 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,700 sqft

Price per Sqft $92

Subdivision Linwood Heights

MLS Listing ID 61024288

Style 2 Story

Bedrooms 6

Full Baths 2

Abv Grd Liv Area 2,700

Year Built 1924

Annual Tax Amount $3,640

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 35X120.5

Property Sub-Type Single Family

Property Description

Completely renovated duplex and ready for its next owner, 3273 Cortland offers two spacious 3-bedroom, 1-bath units with projected rental potential of up to $3,100/month - an impressive combination of condition, income potential, and flexibility for both investors and owner-occupants. Extensively renovated in 2024, nearly every aspect of the property has been updated, including a new roof, new windows, updated kitchens and bathrooms, luxury vinyl plank flooring, fresh interior and exterior paint, and updated plumbing, electrical, and mechanicals. Outside, the improvements continue with new front and rear decks, a fully fenced backyard, and a newly built 2-car garage. Separate gas and electric meters help simplify tenant management. For investors, projected rents of up to $3,100/month provide $37,200 in potential annual gross income and the potential for an approximately 12% cap rate based on projected rents and estimated expenses at the current asking price. Both units are currently vacant, giving the next owner control from day one - select your own tenants and establish new leases, or occupy one unit and rent the other to help offset your housing costs. Conveniently located near Henry Ford Hospital, Wayne State University, Midtown, the Motown Museum, Downtown Detroit, major roads, schools, and area amenities. With the major renovations already completed, strong projected rental potential, and two fully available units, 3273 Cortland is ready for an investor to put to work or an owner-occupant to call home. Schedule your private showing today. BATVAI. No Seller-Financing or Land Contract offers will be presented to the seller. Video and audio recording may be in place.

Location

State MI

County Wayne

Area Detroit (82001)

Rooms

Basement Partially Finished

Interior

Heating Forced Air

Cooling Ceiling Fan(s)

Fireplaces Type LivRoom Fireplace

Appliance Range/Oven, Refrigerator

Exterior

Parking Features Detached Garage

Garage Spaces 2.0

Garage Yes

Building

Story 2 Story

Foundation Basement

Water None

Architectural Style Colonial, Other

Structure Type Brick

Schools

School District Detroit City School District

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional,FHA,VA

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

Listed by EXP Realty Main

NEARBY SCHOOLS & PROPERTIES

"I am here to help you every step of the way. Whether you are a first time home buyer or an experienced home owner, my goal is to make the process stress free and help you find the home of your dreams."

+1(419) 260-2806

jackie@jackiejonesrealtor.com

1910 IndianWood Circle, Maumee, OH 43537, USA

3273 Cortland Street Detroit, MI 48206 1031