James Duncanson

Incredible Investment Opportunity: Transformative 17-unit Apartment Building in Detroit Welcome to a Property With Profound Potential, Located in the Heart of Detroit.​ This 17-unit Apartment Building Represents an Unmatched Opportunity for the Right Investor.​ The Renovation on This Building Has Already Begun! In the Past Two Years Over $200,000 Have Been Spent on a Major Structural Overall Top to Bottom as a Precautionary Measure, Additional Framing on Exterior Walls, Brand New Roof, a Complete Clean Out on All Floors (Over $100k in Clean Out Costs), as Well as the Lot Next Door Being Added to the Sale Both Lots Had an Incredible Amount of Trees Removed.​ This Blank Slate is Ready to Be Transformed Into Much Needed Homes in the Community.​ This is a Chance Not Just to Renovate a Building, but to Breathe New Life Into an Entire Community.​ The Prior Layout Contained 18, 1 Bedroom Units but Could Be Reconfigured to Maximize the Return on This Investment.​ Located Just Off of 7 Mile Near Another Large Multi Family Project Currently Underway and a Fully Occupied 14 Unit as Well.​ This Property is Not Just About Brick and Mortar, It's About Potential and Vision.​ It's an Opportunity to Create a Legacy, to Contribute to the Regeneration of Detroit and Provide Some Much Needed Housing in the Community.​ 17 Unit Floor Plan in Photos.​ Please Reach Out Directly for Information on a Total Renovation Quote.​

Step into a profitable mid term rental! This fully furnished condo has been operating as a profitable MID TERM RENTAL (STR not allowed per HOA) for the past year plus.​ With 3 hospitals in the area, in addition to countless other businesses, this condo is in a very desirable location for renters utilizing fully furnished mid term rentals for their residence while traveling for work.​ All furniture stays so the property can be purchased and immediately begin the rental process again.​ If you are looking for a great form of passive income, this would be a perfect property to fine tune your rental expertise, or if you are a seasoned landlord, this property would fit nicely into your portfolio with little no effort needed to transition this property from a listing online to your favorite money maker.​

*** 7/14/2024 Multiple offers received, please submit highest and best by 9PM Welcome to this beautifully updated 2-bedroom, 1.5-bath condo in the heart of Rochester Hills. This inviting home has been freshly painted throughout, giving it a bright and modern feel. The updated kitchen features all stainless steel appliances along side newer cabinets, stone counters, and luxury vinyl plank flooring. The bathrooms have also been updated, featuring stone counters and a tiled shower. The basement is home to your laundry room as well as your Furnace that was replaced earlier this year. There is also a private outdoor space off your sliding glass door. With its thoughtful updates and prime location near DOWNTOWN ROCHESTER HILLS, this condo is perfect .

James Duncanson

About James Duncanson

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Recent property sales & transaction history

3 properties

Detroit

Family Home, Condo

$150,000 to $200,000

1,500 ft² to 6,300 ft²

Properties for sale by listing agent James Duncanson

$185,000

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