540-542 HOLBROOK STREET
Detroit, MI 48202
2112 sqft | 2 baths | 0.08 acres | #20240085991
Description
Welcome to 540-542 Holbrook Ave, a beautifully updated duplex in a prime Michigan Opportunity Zone, offering exceptional tax advantages and long-term growth potential! Perfect for investors or owner-occupants, each unit features 2 spacious bedrooms, 1 bathroom, and gorgeous hardwood flooring throughout.
Recent updates include a new roof, modern plumbing, gutters, and electrical systems, ensuring worry-free ownership. Both units have been freshly painted, creating a bright and inviting atmosphere. The upstairs unit boasts a fully renovated kitchen with new cabinets, luxury vinyl flooring, countertops, and doors, along with an updated bathroom featuring a new tub, flooring, sink, and vanity.
Additional highlights include a 2-car garage and a sizable adjacent lot, offering outdoor space for recreation, gardening, or potential development.
Currently rented on month-to-month leases at $1,000 per unit, with area rental comps averaging $1,200 per unit, this property offers substantial cash flow potential.
Don’t miss this rare opportunity to own a move-in-ready duplex with incredible tax advantages—schedule your showing today!
Property Details
- Days on Market (Cumulative)6
Location
Legal
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Last Updated: . Source: REALCOMP
Listing Courtesy
Listing Agent: Antonio Wells (#421858), Email: awells@maxbroock.com
Listing Office: Max Broock, REALTORS®-Birmingham (#005477)
Listing Courtesy (Buyer)
Buyer's Agent: Kelley L Merritt (#387232)
Buyer's Office: Maxim Properties LLC (#338358)
