Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

5827 Lumley St, Detroit, MI, 48210

6beds
4baths
2,904sqft
$199,000
$69price/sqft
$2,371/moest. monthly cost
$94,840/yrincome needed

About This Home

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.

Getting Around

59
WalkingSomewhat Walkable
41
TransitSome Transit
62
BikeBikeable

Schools

Construction

Condition

  • Year built: 1924

Materials

  • Foundation: Basement,Poured
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Finished

Bedroom

  • Level: Entry
  • Area: 132
  • Dimensions: 11 X 12

Bedroom

  • Level: Second
  • Area: 110
  • Dimensions: 10 X 11

Bedroom

  • Level: Entry
  • Area: 110
  • Dimensions: 10 X 11

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Finished area below ground: 1,056
  • Finished area above ground: 1,848

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total interior livable area: 2,904 sqft

Other

  • Level: Entry
  • Area: 64
  • Dimensions: 8 X 8

Other

  • Level: Second
  • Area: 64
  • Dimensions: 8 X 8

Other

  • Level: Basement
  • Area: 36
  • Dimensions: 6 X 6

Primary Bathroom

  • Level: Basement
  • Area: 36
  • Dimensions: 6 X 6

Primary Bedroom

  • Level: Entry
  • Area: 144
  • Dimensions: 12 X 12

Primary Bedroom

  • Level: Second
  • Area: 132
  • Dimensions: 12 X 11

Primary Bedroom

  • Level: Basement
  • Area: 168
  • Dimensions: 14 X 12

Property

Details

  • Parcel number: W20I008643S
  • Special condition: Short Sale No,Standard

Features

  • Levels: Three
  • Stories: 3
  • Entry location: GroundLevel
  • Pool features: None

Lot

  • Lot size: 3,049 sqft
  • Lot size dimensions: 30 x 100

Parking

  • Parking features: Alley Access,Covered,Drive Through,No Garage