3273 Cortland Street, Detroit, MI 48206
Local realty services provided by:ERA Prime Real Estate Group
3273 Cortland Street,Detroit, MI 48206
$260,000
- - Beds
- 2 Baths
- 2,700 sq. ft.
- Multi-family
- Active
Listed by: christina gennari, lance mcclain
Office: kw domain
MLS#:20261032538
Source:MI_REALCOMP
Price summary
- Price:$260,000
- Price per sq. ft.:$96.3
About this home
Turnkey, fully renovated cash-flowing duplex generating $3,000/month ($36,000 annually) in gross rental income. Offered at $255,000, this investment achieves a 1.18% rent-to-price ratio and an attractive 14.1% gross yield. Nearly every aspect of the property has been updated, including a new roof, windows, luxury vinyl plank flooring, fresh interior and exterior paint, kitchens, bathrooms, plumbing, electrical, and mechanicals—making this a truly turnkey investment. Both units feature spacious layouts with 3 bedrooms and 1 bathroom, filled with natural light, high ceilings, and charming architectural character. Updated kitchens and modern tiled bathrooms provide stylish, move-in ready living. Exterior improvements include new front and rear decks, a newly built 2-car garage, and a fully fenced backyard. Current lease provides immediate cash flow and making this an ideal setup for investors or buyers looking to offset their mortgage. Separate gas and electric meters simplify tenant management. Located on a quiet, well-maintained street near downtown, major hospitals, schools, and amenities, with continued neighborhood reinvestment and strong rental demand supporting long-term value. All major updates have been completed, resulting in zero immediate CapEx needs and allowing an investor to step into day-one cash flow....
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Home facts
- Year built:1924
- Listing ID #:20261032538
- Added:69 day(s) ago
- Updated:July 21, 2026 at 10:06 AM
Rooms and interior
- Total bathrooms:2
- Full bathrooms:2
- Basement Description:Unfinished
- Living area:2,700 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1924
- Building area:2,700 sq. ft.
- Lot area:0.1 Acres
- Architectural Style:Upper Lower Apartment
- Construction Materials:Brick
- Exterior Features:Balcony, Covered, Patio, Porch
- Foundation Description:Basement, Brick Mortar
- Levels:Two
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$260,000
- Price per sq. ft.:$96.3
- Tax amount:$3,261
Features and amenities
- Laundry features:Laundry Room
Parking
- Parking description:Garage, On Street, Shared Driveway
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