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About This Home
This 4-bedroom, 2-bathroom single family at 12614 Promenade Street in Detroit, MI is listed for $39,900 ($23 per sqft). Built in 1929, the home offers 1,764 sqft of living space on a 0.12 acres lot.
This solid two-family brick home is located just minutes from Coleman A. Young International Airport offers a great value-add opportunity for investors or owner-occupants looking for rental income. Each unit features 2 bedrooms and 1 full bath, with separate living and dining areas, providing strong rental potential once fully renovated.
The property has been partially rehabbed, giving a head start on improvements, but still requires additional work to bring it to full market condition. With its brick exterior for long-term durability and flexible layout, this home can be turned into a cash-flowing asset in a growing and developing area of Detroit. Ideal for investors seeking sweat equity, BRRRR opportunity, or a long-term hold. Don't miss the upside potential in this value-driven two-unit property.
Key Features
- Built in 1929
- 0.12 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$213/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
12614 Promenade Street
Detroit, MI 48213
Stevens Estate Sub 1Plats
Property Details
Construction
Heating
Questions & Answers
This 4-bedroom, 2-bathroom single family at 12614 Promenade Street is listed at $39,900 ($23/sqft). The estimated monthly payment is $173 based on 20% down at 6.5% interest.
Key features include: Built in 1929, 0.12 acre lot, 2 stories.
This property is listed by Ahmed Ahmed and can be reached at (313) 846-0960 or ATAHMED.EMPIRE@GMAIL.COM.
