About 5500 Chalmers Street
Turnkey Investor Gem in Prime Detroit Location! This ranch-style duplex is a cash-flow powerhouse—one unit is currently rented at $900/month, with the second unit ready to lease for the same, bringing total potential income to $1,800/month. Priced to sell, this low-maintenance property offers strong returns from day one. Both units feature updated interiors, with one already occupied by a reliable tenant. Located on a corner lot, the property has great curb appeal and convenient access to local amenities. Professionally managed for truly passive income. Tenant ledger available upon request. Don’t miss this high-performing investment opportunity!
Features of 5500 Chalmers Street
| MLS® # | 20251019871 |
|---|---|
| Price | $120,000 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,951 |
| Acres | 0.14 |
| Year Built | 1951 |
| Type | Multifamily |
| Sub-Type | Duplex |
| Style | Duplex |
| Status | Active |
Community Information
| Address | 5500 Chalmers Street |
|---|---|
| Area | 05055 - Det Con-Mors/Grat. Hstn/7 Mack |
| Subdivision | SEFTON PARK SUB |
| City | Detroit city |
| County | Wayne |
| State | Michigan |
| Zip Code | 48213 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Heating | Forced Air, Natural Gas |
|---|---|
| Fireplace | No |
Exterior
| Construction | Block, Brick |
|---|---|
| Foundation | Basement, Block |
School Information
| District | Detroit |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | EXP Realty Main |
|---|---|
| Contact Info | realtorhickman@gmail.com |