$239,900

7542 Meadow Avenue, Warren, MI 48091

  • 2 baths |
  • 2,256 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1942
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $106/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

INVESTOR ALERT! Turnkey, High-Yield Duplex Generating MORE 1% Monthly Return! Rare opportunity to acquire a fully updated, fully occupied, high-performing duplex generating guaranteed income. Backed by reliable agency/organization-paid leases with model tenants, this property delivers immediate, hands-off cash flow from Day 1 with significant upside potential on upcoming lease renewals. LET'S TALK ABOUT PROPERTY HIGHLIGHTS & FINANCIAL BREAKDOWN: Lower Unit (2 Beds / 1 Bath): $1,300/mo guaranteed rent. Features updated vanity, new carpet/flooring, and fresh paint. Upper Unit (4 Beds / 1 Bath): $1,500/mo guaranteed rent. Updated kitchen featuring newer cabinets and countertops. Total Current Income: $2,800/mo ($33,600/yr) which is exceeding the 1% rule! Zero immediate capital expenditures needed! This building has been extensively updated! Updated mechanicals! High-efficiency heating systems, newer furnace and newer water heater. Updated plumbing and electrical work, newer electrical panels for both units, and modern plumbing/electrical fixtures throughout. Vinyl windows throughout (with blinds), newer front roof, and fully repainted interior. Inclusions: Both sets of unit appliances are landlord-owned and convey with the sale. The property includes an adjacent FREE buildable lot—a massive value-add for future development, expansion, or separate resale! The seller is liquidating equity solely to fund another project, creating a rare opening to step into a fully stabilized, turnkey income producer. Leads immediately with the 1%+ rule, $2,800/mo income, and guaranteed lease structure to hook investor attention in search feeds. Emphasizes that leases are paid through housing agencies signaling reliable rent collection and minimal vacancy risk. Updated mechanicals, roof, electrical, and plumbing into a clear section to prove to out-of-state or local hands-off investors that maintenance costs will be low.

Listing Status:
Active
Data Last Updated:
October 23, 2026 at 4:42AM
Listing Office:
EXP Realty Main : 8885017085
Listing Agent:
Zaid Kassab : 2483461194
MLS ID:
20261076376
  • Heating: Forced airNatural gas
  • Style: Colonial
  • Other Structures: Porch
  • Pool: None
  • Parking: GarageParking spaces: 2
  • General: Aluminum sidingTwoCrawl space
  • Road/Access: Paved
  • Originating MLS: Realcomp II Ltd
  • School District: Van dyke
  • County: Macomb
  • Zoning: PIPER'S VAN DYKE NO. 9 LOT 2734 L7 P931333428006
  • Water: Public
  • Sewer: Public sewer
  • Source: Realcomp II Ltd

This listing courtesy of Zaid Kassab , EXP Realty Main

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby