812 Dougall Avenue

Private listing - Register to view

$299,000

4+1-Bed

3-Bath

Listed on 8/21/24

Come live in this 4+1-bed, 3-bath Home

Listed by IREP REALTY INC

Welcome to this well-kept 2.5-story, 4+1 bed and 3 bath home which offers charm, space, and income on day one. Main floor features 4 Bedrooms plus a Den and 2 full Bathrooms, perfect for large families. The finished basement with separate entrance, completed in 2022, includes everything needed for an in-law suite, ideal for extended family living. Home is tenanted with great tenants paying $2900 + utilities. Currently generating approx. 6% Cap rate as per attached potential cashflow sheet. Outdoor highlights include a covered porch, a fully fenced backyard with alley access to the rear parking. It is conveniently located near public schools, parks, the Detroit Tunnel, shopping and transit. This property is outside the city's current rental license zone. With a spacious layout and prime location, this ready-to-go property is a perfect addition to anyone's portfolio.