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About This Home

This 4-bedroom, 2-bathroom residential multi family at 15003 Forrer Street in Detroit, MI is listed for $153,000 ($68 per sqft). Built in 1928, the home offers 2,246 sqft of living space on a 0.11 acres lot.

Agent Description

Fully Occupied Two-Family Brick Corner Property - Investor Special! Welcome to 15003 Forrer, a solid brick duplex offering immediate rental income and long-term upside. Both units feature 2 bedrooms, 1 full bath, a spacious living room, formal dining room, and a full kitchen.

Each unit also includes a four-seasons bonus room on the rear of the home-perfect for additional storage, office space, or a cozy sitting area. Both tenants are agency tenants. Guaranteed cash flow. Upper & Lower Units Are Both Tenant-Occupied, producing steady income from day one.

The property sits on a corner lot with fencing, offering added privacy and curb appeal. Strong rental area with continued demand for multi-family properties. This is an ideal property for: Seasoned investors expanding their portfolio New investors looking to start with an income-producing asset Buyers exploring house hacking while generating rental

income Key Highlights: Fully occupied - rent collection begins at closing Brick construction on a corner lot Four-seasons room in both units Separate living & dining rooms in each unit Close to major roads, amenities, and public transit Don't miss this opportunity to secure a cash-flowing multi-family in an appreciating market. Schedule your showing today!

Key Features

  • Built in 1928
  • 0.11 acre lot
  • 2 stories
  • 2 parking spaces

Property Details

2 stories
2 full
2 spaces
1928

Monthly Cost Estimate

$818/mo

20% down · 6.5% · 30 years

Principal$111
Interest$663
Insurance$45

Estimates only. Actual payments may vary.

Location

15003 Forrer Street

Detroit, MI 48227

Rugby

Features & Amenities

Interior Features

Circuit Breakers

Property Details

Construction

Brick

Heating

Forced Air

Questions & Answers

This 4-bedroom, 2-bathroom residential multi family at 15003 Forrer Street is listed at $153,000 ($68/sqft). The estimated monthly payment is $663 based on 20% down at 6.5% interest.

Key features include: Built in 1928, 0.11 acre lot, 2 stories, 2 parking spaces. Interior Features: Circuit Breakers.

This property is listed by Adrienne Ponce and can be reached at (888) 501-7085 or adrienne.ponce@exprealty.com.

AP

Adrienne Ponce

Agent at EXP Realty Main

(888) 501-7085

Listed by EXP Realty Main · View on Broker Site

MLS# 20251052797· Source: listhub· Updated 204 days ago

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15003 Forrer Street, Detroit, MI 48227

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