$145,000
Excellent income-producing opportunity at 22049 Cushing Ave! This duplex features two 1-bedroom, 1-bath units with established tenants currently in place who would like to stay. The front unit rents for $900/month and the rear unit rents for $975/month, generating a combined gross rental income of $1,875 per month or $22,500 annually. Utilities are currently included in the rent, and both tenants are on month-to-month leases, providing flexibility for the next owner.
The property has benefited from several major improvements, including all-new PEX plumbing, all-new electrical, and a new sewer line to the road completed in 2020, along with a new HVAC system installed in 2022. These significant updates add tremendous value and help reduce concerns surrounding several major components of the property.
With established rental income from day one and tenants interested in remaining, this is an attractive opportunity for an investor looking to add a performing multifamily property to their portfolio. Conveniently located near shopping, dining, major roadways, and everyday amenities. Don't miss this opportunity to own an income-producing duplex with substantial infrastructure improvements already completed. Schedule your showing today!
2
Baths
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20261063537
MLS
22049 Cushing Ave, Eastpointe
Courtesy of Keller Williams Realty-Great Lakes 5865414000
