
3920 Devonshire Rd, Detroit, MI, 48224
4beds
1baths
2,392sqft
$200,000
$84price/sqft
$2,097/moest. monthly cost
$83,880/yrincome needed
About This Home
Turnkey multifamily investment opportunity generating strong cash flow in a high-demand rental market. This income-producing property is currently tenant occupied with a Section 8 tenant paying $2,300/month, offering immediate and reliable rental income for investors. Estimated 13% cap rate makes this an attractive addition to any rental portfolio. Property offers solid income potential with stable occupancy and low vacancy risk. Ideal for both seasoned investors and buyers looking to expand their cash-flowing assets. Conveniently located near major roads, shopping, schools, and public transportation. Do not disturb tenant. Proof of funds required prior to showing or release of additional information.
Getting Around
74
41
65
Schools
2/10
3/10
Construction
Condition
- Year built: 1941
Materials
- Foundation: Basement,Block
- Construction materials: Brick,Wood Siding
Type & Style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subType: Duplex
Interior
Basement
- Has basement: Yes
- Basement: Unfinished
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 2
Features
- Finished area above ground: 2,392
Heating
- Heating features: Forced Air,Natural Gas
Interior Area
- Total interior livable area: 2,392 sqft
Property
Details
- Parcel number: W21I070447S
- Zoning description: MultiFamily
- Special condition: Short Sale No,Standard
- Exclusions: Exclusion(s) Do Not Exist
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Lot size: 4,791 sqft
- Lot size dimensions: 40 x 114
