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540-542 HOLBROOK Street
Detroit MI 48202 US

$250,000

Active Listing ID 20240085991
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2.00 Bath (2 Full)
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Lot: 0.08 Acres
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Other

$250,000

Active Listing ID 20240085991
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540-542 HOLBROOK Street Welcome to 540-542 Holbrook Ave, a beautifully updated duplex in a prime Michigan Opportunity Zone, offering exceptional tax advantages and long-term growth potential! Perfect for investors or owner-occupants, each unit features 2 spacious bedrooms, 1 bathroom, and gorgeous hardwood flooring throughout. Recent updates include a new roof, modern plumbing, gutters, and electrical systems, ensuring worry-free ownership. Both units have been freshly painted, creating a bright and inviting atmosphere. The upstairs unit boasts a fully renovated kitchen with new cabinets, luxury vinyl flooring, countertops, and doors, along with an updated bathroom featuring a new tub, flooring, sink, and vanity. Additional highlights include a 2-car garage and a sizable adjacent lot, offering outdoor space for recreation, gardening, or potential development. Currently rented on month-to-month leases at $1, 000 per unit, with area rental comps averaging $1, 200 per unit, this property offers substantial cash flow potential. Don’t miss this rare opportunity to own a move-in-ready duplex with incredible tax advantages—schedule your showing today!

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Property Features

  • Facts
  • Lot Size: 0.08 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 2
  • Cooling System: Window Unit(s) A/C
  • Exterior Finish: Gutter Guard System, Fenced
  • Roof Type: Asphalt
  • Heating Fuels: Forced Air

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 250000
  • unparsedaddress: 540-542 HOLBROOK Street
  • postalcity: Detroit
  • stateorprovince: MI
  • country: US
  • postalcode: 48202
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.08
  • lotsizeunits: Acres
  • lotsizearea: 0.08
  • livingarea: 2112
  • livingareaunits: Square Feet
  • latitude: 42.383331
  • longitude: -83.073826
  • listagentfullname: Antonio Wells
  • listagentemail: awells@maxbroock.com
  • listagentkey: 3yd-REALCOMPMI-421858
  • listagentmlsid: 421858
  • listagentpreferredphone: 2486446700
  • listagentofficephone: 2486446700
  • listofficekey: 3yd-REALCOMPMI-005477
  • listofficemlsid: 005477
  • disclaimer: Copyright © 2024 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: REALCOMPMI
  • yearbuilt: 1915
  • yearbuilteffective: 2019
  • listingcontractdate: 2024-11-14
  • listagenturl: http://www.maxbroock.com
  • countyorparish: Wayne
  • parcelnumber: W03I002414S
  • elementaryschooldistrict: Detroit
  • middleorjuniorschooldistrict: Detroit
  • highschooldistrict: Detroit
  • cooling: Window Unit(s) A/C
  • constructionmaterials: Brick
  • heating: Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 2
  • parkingfeatures: Garage
  • roof: Asphalt
  • waterfrontyn: False
  • interiorfeatures: Smoke Alarm, 100 Amp Service, High Spd Internet Avail, Laundry Facility, Programmable Thermostat
  • exteriorfeatures: Gutter Guard System, Fenced
  • architecturalstyle: Colonial
  • rooms: Basement, Bathroom 1, Bathroom 2
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -83.07383, 42.38333
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Real Estate One", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"awells@maxbroock.com", "ListBrokerageCity":"Birmingham", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Jswords101@gmail.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Real Estate One", "ListBrokeragePhone":"(248) 644-6700", "ListBrokeragePostalCode":"48009", "ListBrokerageStateOrProvince":"MI", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"275 S. Old Woodward", "ListBrokerageWebsiteUrl":"http://www.maxbroock.com", "ListOfficeAddress1":"275 S Old Woodward", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"151972", "ListOfficeCity":"Birmingham", "ListOfficeCountry":"US", "ListOfficeEmail":"info@maxbroock.com", "ListOfficePostalCode":"48009", "ListOfficeStateOrProvince":"MI", "ListPriceCurrencyType":"USD", "ListingTitle":"Colonial - Detroit, MI", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/542-Holbrook-St_Detroit_MI_48202_M49428-85505?f=listhub&s=REALCOMPMI&m=20240085991&c=rexren", "MLSModificationTimestamp":"2024-11-22T08:27:22Z", "Neighborhoods":[{"Description":null, "Name":"Det: Livernois-I75 6-Gd River"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":1169, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/22/2024 2:07:11 PM GMT
Source Updated Date: 11/26/2024 6:52:36 AM GMT

Courtesy of: Antonio Wells, Max Broock, REALTORS®-Birmingham, awells@maxbroock.com

Copyright © 2024 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.