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About This Home
This 3-bedroom, 2-bathroom residential multi family at 14622 Faircrest Street in Detroit, MI is listed for $69,999 ($45 per sqft). Built in 1927, the home offers 1,540 sqft of living space on a 0.08 acres lot.
Incredible Turn-Key Investment Opportunity or House-Hacking Potential! Welcome to this income-generating multifamily property perfectly located just minutes from Downtown Detroit. This well-maintained duplex features two distinct units, providing immediate cash flow.
The spacious lower unit offers 2 bedrooms and 1 bathroom, currently renting for $800/mo. The charming upper unit features 1 bedroom and 1 bathroom, currently renting for $750/mo. Both units have substantial value-add potential, with fair market rents in the immediate area averaging $1,000-$1,200 per unit!Major capital improvements have already been
done for you, including two brand-new furnaces installed within the last two years, newer updated plumbing, and windows that are only 5 years old. Property features a low-maintenance yard with no garage to maintain. Unbeatable location with quick access to major freeways and local shopping hubs. Don't miss out on adding this Detroit gem to your portfolio!
Key Features
- Built in 1927
- 0.08 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$374/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
14622 Faircrest Street
Detroit, MI 48205
Elite Gardens
Property Details
Construction
Heating
Questions & Answers
This 3-bedroom, 2-bathroom residential multi family at 14622 Faircrest Street is listed at $69,999 ($45/sqft). The estimated monthly payment is $303 based on 20% down at 6.5% interest.
Key features include: Built in 1927, 0.08 acre lot, 2 stories.
This property is listed by Dwayne Robinson and can be reached at (248) 374-7700 or Drocsellshouses@gmail.com.








