$347,525
Sold

2571 TOWNSEND STREET

Detroit, MI 48214
2800 sqft | 3 baths | #20240032198
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

House Hacking is the perfect way to hedge against high interest rates. Live in a comfortable bi-level upper unit in Islandview with open floor plan, main level laundry, 2 full baths, including top-floor primary suite. Rent out the lower and reduce your monthly payment by half. Pay as little as 3% down. Some preferred loan programs have no PMI, lower interest rates (in the sixes!) and closing cost grants, and allow you to use projected rent as income. Ask your agent to get the details! Both units completely renovated with all new roof, electrical, heating, plumbing, insulation floors, walls, kitchens and bathrooms, most window replaced as well This is not just a property; it's a strategic investment with great potential. Each unit comes with refrigerator, range, dishwasher, washer-dryer, microwave, to be installed prior to closing (credit can be negotiated for central air). Residents of this neighborhood love it's bike-ability and proximity to Belle Isle and West Village. Islandview is undergoing large infrastructure updates to the electrical grid, and almost every house on the block is being renovated. FHA and VA friendly.

    Location

    Timothy StinsonPremier Realtor | 248-933-0539