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$160,000
Est. payment /mo
2 Baths
3,920 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20251010764
HOA Y/N true
Year Built 1929
Annual Tax Amount $4,437
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 36X106
Source Realcomp
Property Description
Investor alert! 15852 Washburn St is a solid brick duplex delivering strong rental potential and an impressive cap rate for buy-and-hold investors seeking cash flow from day one. Featuring nearly 2,000 sq ft of total living space, this two-unit property offers classic hardwood floors, generous room sizes, and separate entrances — making it ideal for dual tenancy or a live-in owner setup. The exterior has been freshly painted, and the property is secured and primed for rehab or tenant placement. Located just minutes from major corridors, freeways, and commercial hubs, it benefits from steady rental demand and increasing area development. Whether you're new to real estate or scaling your portfolio, this opportunity checks the right boxes: location, layout, and cash-on-cash return. It's rare to find a multifamily property in this condition and location with such high income potential and a favorable entry point. Don't miss your chance to lock in solid passive income and long-term equity growth — schedule your showing today and make your move on Washburn!
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Multi-Family
Direction Head south on Washburn St off of Puritan Ave
Interior
Heating Forced Air
Cooling Central Air
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Lot Description Sidewalk
Sewer Public
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID 16039226
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
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Listed by EXP Realty Main