2463 Ford ST Detroit, MI 48238
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $93
Subdivision Robert Oakmans Twelfth St
MLS Listing ID 20251052226
Style Duplex
Full Baths 2
Year Built 1925
Lot Size 3,484 Sqft
Acres 0.08
Property Sub-Type MultiFamily
Property Description
Located just six minutes from the historic Boston Edison District, this exceptional duplex at 2463 Ford sits nestled on a 3,485 sq. ft. lot in a quiet, stable neighborhood of homeowners.
This jewel is an investor's dream, featuring significant recent capital improvements designed for low-maintenance operation:
• Exterior: Brand new tear-off 40-year Crown roof, gutters, and trim. Most windows have been upgraded to top-of-the-line, maintenance-free, Low-E appointments.
• Systems: Brand new furnaces and newly installed hot water tanks, brand new plumbing, and updated electrical systems ensure hassle-free cash flow for years to come.
• Interiors: Two spacious units (one two-bedroom, one three-bedroom) feature freshly renovated bathrooms, new paint throughout, and newly refurbished or curated hardwood floors.
INVESTMENT HIGHLIGHTS:
This property offers reliable monthly income of over $2,500. Tenants are responsible for all utilities except water, allowing this investment to generate a robust return on investment of just under 20 percent.
Taxes have been successfully reduced to approximately $200 per month.
This diamond is ready to be wrapped around a lucky owner's finger soon!
Note: No showings without an accepted full-list offer.
LET'S CLOSE
Location
State MI
County Wayne
Area Area05043Detlivernoisi756Gdriver
Rooms
Basement Unfinished
Interior
Heating NaturalGas, WallFurnace
Fireplace No
Exterior
Pool None
View Y/N No
Garage false
Building
Foundation Basement, Block
Sewer SewerAtStreet
Water WateratStreet
New Construction No
Schools
High Schools Detroit
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
Pets Allowed Call
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