• Back to previous menu
      • MI
      Wayne
      Detroit
      48213
      5500 CHALMERS Street
      5500 CHALMERS Street, Detroit, MI 48213
      Listing Type
      Single Family
      Listing Status
      active
      3
      $114,000

      Home Details for 5500 CHALMERS Street

      Price
      $114,000
      Type
      Residential
      Bedrooms
      4
      Bathrooms
      Square feet
      1904
      Year built
      1951
      Lot size acres
      0.14
      County
      Wayne
      Total rooms
      6
      Garage
      Basement
      Unfinished
      Days on site
      79
      MLS Listing#
      20240091996
      Listing Courtesy: U.S. Investor Group - 313-644-0034
      Property Description

      **AMAZING 12% Cap Rate**HIGH ROI**CORNER LOT OPPORTUNITY**TURNKEY INVESTOR GEM located in a prime Detroit location. This ranch-style duplex is a cash flow powerhouse, rented at $800 and $900 per unit, generating a total of $1,700/month. It is priced to sell and offers incredible potential for investors seeking high returns. Start making money from day one! Each unit features well-maintained interiors and reliable tenants in place. Situated on a corner lot, the property boasts excellent curb appeal and easy access to local amenities. Low maintenance and high-performing, this is an opportunity you don't want to miss. This turnkey property is professionally managed, allowing you to sit back and enjoy the passive income. Clean title, warranty deed, and title insurance provided. Tenant ledger available upon request.

      Property Features
      • Heating Information
        • Forced Air
      • Parking
        • No Garage
      • Basement
        • Unfinished
      Michigan Regional Information Center logo IDX provided courtesy of Realcomp II Ltd. via EXIT Realty and Realcomp MLS, ©2025 Realcomp II Ltd. Shareholders.
      The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
      Transportation
      Check the walk, transit, and bike score for
      Neighborhood Market Statistics
      See average values in the proximity of this property
      Median Listing Price
      Median Days on Site
      Median Square Feet
      Market statistics compiled from data from Michigan Regional Information Center.
      EXIT UNITED REALTY PROFESSIONALS
      611 W. Nine Mile Rd, Ferndale, MI 48220
      Office
      248 677 3220
      Request more details
      Code: