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Well-maintained duplex just north of Detroit, MI for sale with strong STR history

  • 200,000
Center Line, Michigan
  • Duplex
  • Property Type
  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • 35000, 35000, 35000, 35000
  • Annual Gross Revenue
  • Owner, Owner, Owner, Owner
  • Listed By

Overview

Property ID: HF-11265
  • Duplex
  • Property Type
  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • 35000, 35000, 35000, 35000
  • Annual Gross Revenue
  • Owner, Owner, Owner, Owner
  • Listed By

Description

This is an upper/lower duplex located 2 miles north of Detroit city limits – both units maintain nearly 100% occupancy.

3 beds, 2 baths total. About 1600sqft with 2 car garage. Newer furnace, new hot water tanks, & new ac units. Completely updated!
This property has bookings into November this year.

Since COVID, seller has been doing longer term stays 1+ months. Most are around 3 months.

The property rents between $3000-4000/m with longer term stays. It can bring in $4000/m+ if you do shorter term stays.

Asking $200k – including furniture, making this a true turnkey investment.

Within walking distance, you’ll find Downtown Center Line, restaurants, Memorial Park, the city Library, convenient stores, and much more! The property is right next to 696 and Van Dyke, a short drive to Downtown Detroit, Royal Oak, Ferndale, and Lake Saint Clair.

Details

  • Price: 200,000
  • Property Size: 1600 sq ft
  • Bedrooms: 3
  • Bathrooms: 2
  • Garage: 1
  • Property Type: Duplex
  • Property Keyword: urban, duplex
  • Seller Financed: No, No, No, No
  • Listed By: Owner, Owner, Owner, Owner
  • Active Short Term Rental (STR)?: Yes, Yes, Yes, Yes
  • Licensed short term rental (STR)?: No, No, No, No
  • Full time or Part time rental?: Full Time, Full Time, Full Time, Full Time
  • Sold Furnished?: Yes, Yes, Yes, Yes
  • Property Management: Owner, Owner, Owner, Owner
  • Revenue Management: Owner, Owner, Owner, Owner
  • Annual Gross Revenue: 35000
  • Average Nightly Rate: 80
  • Other Expenses: 960

Property Rental Listing (VRBO or AirBNB Links)

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