17403 Quincy Street, Detroit, MI, 48221

Property Details

Description

Welcome to University District! Get into the most sought after anchor neighborhood in Detroit for under 200k! This 2 family home has been an investment property for the past 46 years and has come to market for the first time this century! Don't miss your chance to own this piece of Detroit history located just across the street from what was the first Monastery in Detroit and is still an active church that is still active and invested in the community. First unit on the entry level is 2 bedrooms and 1 bathroom with a large sitting room, formal dining room, and kitchen. Second unit on the upper level has 1 bedroom and 1 bathroom with a large sitting room and added storage in the attic space. Full basement is common with 2 furnaces, hot water tanks, and separate electric and gas meters. Needs some concrete work and some grading, active water in basement due to poor downspout and grade management. Wallside windows, built-ins, 15 years on the roof. Subject to tenants rights, there are no active leases with either tenant, and each is paying $650 per month consistently. Rental rates in the area are around $1200 monthly for the 2 bedroom, and $900 for the 1 bedroom. All showings for this property will be held on Fridays, 1-3 pm, no lockbox; please do not disturb tenants.