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5827 Lumley Street

$199,000
5827 Lumley Street, Detroit City, MI 48210
5827 Lumley Street

5827 Lumley Street

$199,000

Excellent investment opportunity in the heart of Detroit. This well-maintained 3-unit multifamily property is a strong cash-producing asset with immediate income in place.
Two of the three units are currently rented, generating a combined $2,250 in monthly income, while the third vacant unit offers additional upside with an estimated rental potential of $1,000 per month. All units have been well cared for, and the property has a solid rental history.
Features include long-term, reliable tenants who are up to date on rent, making this an ideal turnkey investment for both new and seasoned investors. The building has been consistently maintained and presents minimal deferred maintenance.
Perfect for investors seeking steady cash flow, value-add potential, and a quick closing opportunity.
Do not miss this income-generating multifamily property.
MD Ashraf Karim
MD Ashraf Karim Contact

Features & Amenities

Interior

Total Bedrooms 6
Total Bathrooms 4
Full Bathrooms 3
Half Bathrooms 1

Exterior

Water Source Public
POOL None
Parking Alley Access, Covered, Drive Through, No Garage
Heat type Forced Air, Natural Gas
Air Conditioning None
Sewer Public Sewer

Area & Lot

Status For Sale
LIVING SPACE 1,848 Sq.Ft.
LOT SIZE 3,049.2 Sq.Ft.
MLS® ID 20261009550
Type Residential
Year Built 1924
Neighborhood Detroit
Architecture Styles Colonial
School District Detroit

Financial

SALES PRICE $199,000
REAL ESTATE TAXES $3,266/yr
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Thank you for your interest in 5827 Lumley Street, Detroit City, MI 48210. We are reviewing your request and will be in touch shortly!

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Work With R2M Realty

If you want an agent who will really listen to what you want in a home and need an agent who knows how to effectively market your home, so it sells then please give him a call! He is eager to help and would love to talk to prospective clients.

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