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$250,000

Est. payment - /mo

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6 Beds

2 Baths

2,700 SqFt

New

3273 Cortland ST Detroit, MI 48206

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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

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James Boyle

jamesboyle@epique.me +1(989) 469-0300

UPDATED:

Key Details

Property Type Single Family Home

Sub Type SingleFamilyResidence

Listing Status Active

Purchase Type For Sale

Square Footage 2,700 sqft

Price per Sqft $92

Subdivision Linwood Heights

MLS Listing ID 20261066510

Style Colonial, Other

Bedrooms 6

Full Baths 2

Year Built 1924

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type SingleFamilyResidence

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 Area05043Detlivernoisi756Gdriver

Rooms

Basement Partially Finished

Interior

Interior Features EntranceFoyer

Heating Forced Air, Natural Gas

Cooling Ceiling Fans

Fireplaces Type LivingRoom

Fireplace Yes

Exterior

Exterior Feature Balcony

Parking Features TwoCarGarage, Detached

Garage Spaces 2.0

Fence Back Yard, Fenced

Pool None

View Y/N No

Roof Type Asphalt

Garage true

Building

Foundation Basement, BrickMortar

Sewer Public Sewer

Water None

New Construction No

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Conventional, FHA, VaLoan, WarrantyDeed

Listing Terms Cash, Conventional, FHA, VaLoan, WarrantyDeed

Special Listing Condition ShortSaleNo, Standard

Pets Allowed Yes

Listed by Jay Naim of EXP Realty Main

NEARBY SCHOOL & BUSINESS

James Boyle

REALTOR License ID: 6501407609

+1(989) 469-0300 | jamesboyle@epique.me

3273 Cortland ST Detroit, MI 48206

James Boyle

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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3273 Cortland ST