$125,000

3000 CORTLAND Street, Detroit, MI 48206

2 baths |
2,724 sqft

Multi-Family Home
Built in 1925
4,356sqft lot
—— car garage
$46/sqft
Listed 14 days ago

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.

Listing Status:: Active
Listing Office:: RE/MAX First : 5867812900
Listing Agent:: Matthew Bush : 5868436869
MLS ID:: 20251055853

Basement: Unfinished
Heating: Hot waterNatural gas

Style: Duplex
Pool: None
Parking: Parking spaces: 0

General: BrickTwoBasementBlock

Road/Access: Paved
Originating MLS: Realcomp II Ltd
School District: Detroit
County: Wayne

Zoning: N CORTLAND 595 LINWOOD HEIGHTS SUB L35 P6 PLATSW C R 12/201 35 X 120.50W12I003874S

Water: Public
Sewer: Public sewer

Source: Realcomp II Ltd

This listing courtesy of Matthew Bush, RE/MAX First

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Durfee Elementary-Middle School

2425 Tuxedo St, Detroit, MI, 48206

Grades KG-8

0.57 miles away

Durfee Elementary-Middle School

2425 Tuxedo St, Detroit, MI, 48206

Grades KG-8

0.57 miles away

Central Academy and High School

2425 Tuxedo St, Detroit, MI, 48206

Grades 9-12

0.57 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.