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1541 Elm Street photo 11 / 26
Active

$899,000

1541 Elm Street

Detroit City, Wayne, Michigan 48216

Bathrooms
4
Living Area
3,980 sqft
Year Built
2026
Type
Multi Family
Days on Market
53

Property Description

*** LAND CONTRACT TERMS AVAILABLE WITH 0% INTEREST!!! *** Exceptional NEW CONSTRUCTION. 4 BEDROOM 2 Bathrooms UNITS, 2-Unit Multifamily with Option to Convert to 4-Unit Multifamily EASILY! Investment Opportunity in North Corktown! Located in the Heart of Downtown Detroit, This turnkey multi-family property features 2 identical units, each offering 4 Bedrooms, 4 Full Baths, spacious living area, full kitchen with quartz countertops, gas, laundry hookups, central air conditioning, and private entry. With approximately 3,980 total sq ft, this newly built asset was designed for efficient, low-maintenance ownership. Each unit includes heavy-duty security doors, smart locks, and smart thermostats, while the property also offers 24-hour surveillance cameras and a rear parking lot with 8 spaces. Fast Growing Area for Developments with 7-unit apartment building being built right across the street. Tax Exemption in place until 2033. Projected gross monthly income of approximately $8,000. Rare opportunity for local and out-of-state investors seeking a newly constructed, easy-to-manage asset in one of Detroit’s fastest-growing neighborhoods.

Listing Agent

Briyana Jordan

MLS ID: 427277

Keller Williams Paint Creek

2486098000
Realcomp IDX

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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Agent of Record

Brock Bean

Keller Williams Paint Creek

License #6501467328

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Keller Williams Paint Creek

440 S Main St, Rochester, MI 48307 | (248) 609-8000

Office License #6505408421

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