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12614 Promenade Street, Detroit, MI 48213

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For Sale

$54,900

2 baths • 1,764 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • $31.12
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

This solid two-family brick home is located just minutes from Coleman A. Young International Airport offers a great value-add opportunity for investors or owner-occupants looking for rental income. Each unit features 2 bedrooms and 1 full bath, with separate living and dining areas, providing strong rental potential once fully renovated. The property has been partially rehabbed, giving a head start on improvements, but still requires additional work to bring it to full market condition. With its brick exterior for long-term durability and flexible layout, this home can be turned into a cash-flowing asset in a growing and developing area of Detroit. Ideal for investors seeking sweat equity, BRRRR opportunity, or a long-term hold. Don t miss the upside potential in this value-driven two-unit property.
MLS# 20251048889

Courtesy Of Empire Realty Group Inc.

(313) 846-0960

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Colonial
  • Exterior Type
    Brick
  • Heating System
    Forced Air
  • Lot Size
    0.12 Acres
  • Rooms
    Basement

Map and Directions

Directions to 12614 Promenade Street, Detroit, MI 48213

Home seller CENTURY 21 Curran & Oberski

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Curran & Oberski

(313) 274-7200
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
    $0
  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.