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5061 Hillsboro ST Detroit, MI 48204

Active
$195,000
5061 Hillsboro ST Detroit, MI 48204
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5061 Hillsboro ST, Detroit, MI 48204
5061 Hillsboro ST, Detroit, MI 48204
5061 Hillsboro ST, Detroit, MI 48204
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Erin Raetz

Erin Raetz

erin@raetzteam.com +1(586) 996-8410
$195,000
2 Baths
2,558 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Rent

Square Footage 2,558 sqft

Subdivision More Than One Sub Involved

MLS Listing ID 20261003938

Style Duplex

Full Baths 2

Year Built 1924

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type MultiFamily

Property Description

Income-Producing Brick Duplex | Section 8 | Turnkey

Solid brick duplex featuring two spacious 3-bedroom, 1-bath units, one on each level. Each unit includes its own private basement with separate laundry, offering convenience and strong tenant appeal.

Both units are currently rented, generating a combined monthly income of $2,700. One unit is occupied by a Section 8 tenant, providing stable, government-backed income, while the second unit is leased to a standard cash tenant, creating a balanced and diversified rental stream.

This is a true turnkey asset with extensive 2024–2025 upgrades, keeping CAPEX reserves in your pocket, not in the property. Nearly everything a new owner would typically worry about has already been addressed:

-Updated kitchens in both units (2025)
-Updated bathrooms in both units (2025)
-New windows in the lower unit (2025)
-Fresh paint throughout the entire building (2025)
-New water lines (2024)
-New electrical lines (2024)

Separate utilities, functional layout, and strong rental history make this an ideal opportunity for investors seeking immediate cash flow. Also well-suited for owner-occupants looking to offset or potentially eliminate their mortgage with rental income.

Location

State MI

County Wayne

Area Area05101Detsouthofgrandriver

Rooms

Basement Full, Unfinished

Interior

Heating Forced Air, Natural Gas

Fireplace No

Exterior

Pool None

View Y/N No

Garage false

Building

Foundation Basement, Block

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Conventional, WarrantyDeed

Listing Terms Cash, Conventional, WarrantyDeed

Special Listing Condition ShortSaleNo, Standard

Pets Allowed Yes


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Realcomp MLS
©2026 Realcomp II Ltd. Shareholders
Listed by Ahsan Tarar of Tarar Homes

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Erin Raetz

Erin Raetz

+1(586) 996-8410

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Michigan

Erin Raetz

+1(586) 996-8410 erin@raetzteam.com

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