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Multifamily
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3920 Devonshire Road

Detroit, MI 48224
Square Ft.
2,392
$200,000
Turnkey multifamily investment opportunity generating strong cash flow in a high-demand rental market. This income-producing property is currently tenant occupied with a Section 8 tenant paying $2,300/month, offering immediate and reliable rental income for investors. Estimated 13% cap rate makes this an attractive addition to any rental portfolio. Property offers… Read MoreRead Less
Provided through IDX through Realcomp II Ltd. Courtesy of Sonic Realty LLC.
Listing Snapshot
Days Online
43
Last Updated
Property Type
Multifamily
Square Ft.
2,392
Lot Size
0.11 Acres
Year Built
1941
MLS Number
20261032525
30 Days Snapshot - Source: Home Junction
30 Days Snapshot Of 48224
$100k
+3%
(avg) sold price
45
-2%
homes sold
103
+27%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Unfinished, Basement?: 1
Building
2 total units, 2 leased units, 2 two-bedroom units, Built in 1941, Architectural style: Duplex, Brick, Wood, 2,392 total square feet, 2,392 combined square feet, 650 total basement square feet, Unit count: 2
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 0
Water Features
Public (Municipal)
Heating
Forced Air, Natural Gas
Lot
Lot size area: 0.11, Lot size dimensions: 40X114
Miscellaneous
Gross scheduled income: $0, Income projection: Actual, Monthly rental income: $0, Net operating income: $0
Pool
Pool?: 0
Property
Property type: Multifamily
Taxes
Tax amount (summer): $1,013, Tax amount (winter): $439
Sewer
Sewer (Sewer-Sanitary)
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Mortgage Calculator - Source: Home Junction
Monthly Payment
$0
Quinton Lemond
Broker/Owner
Agent profile image

Schools In The Area

Check out nearby schools with ratings and contact info - Source: Home Junction
Ronald Brown Academy 313-886-2611 Public PK-8
East English Village Preparatory Academy at Finney 313-873-0655 Public 9-12
Ronald Brown Academy 313-886-2611 Public PK-8
Ronald Brown Academy 313-886-2611 Public PK-8
Ronald Brown Academy 313-886-2611 Public PK-8
East English Village Preparatory Academy at Finney 313-873-0655 Public 9-12

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IDX provided courtesy of Realcomp II Ltd., via GoodHome Realty, LLC and Quinton Lemond, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

IDX provided courtesy of Realcomp II Ltd., via GoodHome Realty, LLC and Quinton Lemond, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

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