15852 Washburn Street Active

Dearborn,MI 48238 1066

$ 160000

- Bed

2 Baths

1998 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,998 sqft

Price per Sqft $80

Subdivision Mi

MLS Listing ID 60407428

Style 2 Story

Full Baths 2

Year Built 1929

Annual Tax Amount $4,437

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 36X106

Property Sub-Type Multi-Family

Property Description

Investor alert! 15852 Washburn St is a solid brick duplex delivering strong rental potential and an impressive cap rate for buy-and-hold investors seeking cash flow from day one. Featuring nearly 2,000 sq ft of total living space, this two-unit property offers classic hardwood floors, generous room sizes, and separate entrances - making it ideal for dual tenancy or a live-in owner setup. The exterior has been freshly painted, and the property is secured and primed for rehab or tenant placement. Located just minutes from major corridors, freeways, and commercial hubs, it benefits from steady rental demand and increasing area development. Whether you're new to real estate or scaling your portfolio, this opportunity checks the right boxes: location, layout, and cash-on-cash return. It's rare to find a multifamily property in this condition and location with such high income potential and a favorable entry point. Don't miss your chance to lock in solid passive income and long-term equity growth - schedule your showing today and make your move on Washburn!

Location

State MI

County Wayne

Area Detroit (82001)

Zoning Multi-Family

Rooms

Basement Block,Partially Finished

Interior

Interior Features DSL Available

Heating Forced Air

Cooling Ceiling Fan(s),Central A/C

Fireplace No

Exterior

Exterior Feature Brick

Amenities Available Laundry Facility

Building

Story 2 Story

Foundation Basement

Water Public Water

Structure Type Brick

Schools

School District Detroit City School District

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional,FHA

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