MI
Wayne
Detroit City
48206
3000 CORTLAND Street
3000 CORTLAND Street, Detroit City, MI 48206
Share Listing
Listing Type
Multi Family
Listing Status
Active
1
$125,000

Home Details for 3000 CORTLAND Street

Price
$125,000
Type
Residential Income
Bedrooms
6
Bathrooms
2.0
Square feet
2724
Year built
1925
Lot size acres
0.1
County
Wayne
Garage
Basement
Unfinished
Days on site
17
MLS Listing#
20251055853
Property Description

Welcome to 3000 Cortland, a fully occupied rental collecting $2,000/month (19.1% cap rate - 128% cash on cash), with a month to month tenant in the upper, and a new tenant moving into the lower as of November 1 paying $800/month to month. The upper unit's attic has been converted to additional living space allowing for an easy rent increase. As you drive the street, you'll see a flurry of homes being renovated, with renovated units selling well beyond $200,000. This is a great option to house hack, to BRRR, or to make a quick flip.

Property Features
  • Heating Information
    • Hot Water
    • Natural Gas
  • Cooling Information
    • None
  • Water Features
    • Public
  • Basement
    • Unfinished
Listing Courtesy: RE/MAX First - 586-781-2900
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: