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$250,000
2
beds
2
baths
2,112
square ft

540-542 Holbrook Street
Detroit, Michigan 48202

New / MLS #20240085991 / Multiple Unit (2-4) / North End
Listing information updated 11/20/2024 at 12:05pm
Welcome to 540-542 Holbrook Ave, a beautifully maintained duplex that's perfect for investors or owner-occupants! Each unit boasts 2 spacious bedrooms, 1 bathroom, and stunning hardwood flooring throughout. Both units have been freshly painted, offering a clean, modern feel that tenants will love. Recent updates include a brand-new roof, updated plumbing, gutters and modernized electrical systems, ensuring peace of mind for years to come. The property also features a 2-car garage and sits next to a sizable lot, providing ample outdoor space for recreation, gardening, or future development opportunities. Prime Michigan Opportunity Zone Location-Incredible Tax Advantages. Perfect for investors seeking tax deferred growth opportunities. Currently, both units are rented on month-to-month leases at $1,000 per unit, with rental comps in the area averaging $1,200 per unit, offering significant potential for increased cash flow.
Architecture Style:
Colonial
Basement:
Unfinished
Beds Above Grade:
2
Heating System:
Forced Air, Natural Gas
Pool:
No
Age:
109 Years
Roof Type:
Asphalt
Parking Type:
Garages
Garage:
Garage
Water Front:
No
Square Feet:
2,112
Lot Size:
0.08 acres
Acreage:
0.08
Tax Amount:
$1,169
Tax Year:
N/A
Zip Code:
48202
City:
Detroit
County:
Wayne
School District(s):
Detroit
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: Max Broock, REALTORS-Birmingham

Listing Office Phone: 248.644.6700

Disclaimer: IDX provided courtesy of Realcomp II Ltd. via site owner and the originating MLS listed above, © 2024 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

$261,877
Average Sale Price
152
Average Days On The Market
89%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 540-542 Holbrook Street, Detroit, MI 48202

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540-542 Holbrook Street is a multiple unit (2-4) currently listed at $250,000. 540-542 Holbrook Street features 2 Beds, 2 Baths. This multiple unit (2-4) has been listed on @properties REMI Christie's International Real Estate since November 19th, 2024 and was built in 1915.