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3273-3275 Cortland 3273 Cortland St 2 Unit Apartment Building $299,900 ($149,950/Unit) 10.73% Cap Rate Detroit, MI 48206



INVESTMENT HIGHLIGHTS
- Newly Renovated
- High-Quality, Low Maintenance Asset
- 2 Car Detached Garage
EXECUTIVE SUMMARY
Video and audio recording may be in progress. 24-hour notice required for all showings. No detail overlooked in this completely renovated duplex—perfect for both investors and owner-occupants seeking immediate income and long-term value. Every inch of this property has been redone with quality craftsmanship and thoughtful design. Brand new roof with transferrable warranty, new windows, new luxury vinyl plank flooring, fresh paint inside and out, new kitchens, new bathrooms, and updated plumbing, electrical, and mechanicals—this is as turnkey as it gets. Outside, enjoy brand new front and rear decks, a newly built 2-car garage, and a fully fenced backyard, all adding to the home’s function and curb appeal. Both units feature 3 bedrooms and 1 bathroom with spacious layouts, bright natural light, high ceilings, and charming architectural touches. Modern finishes throughout, including stylish kitchens with updated cabinetry and countertops, and tiled bathrooms with sleek fixtures. One unit is currently rented at $1,500/month, offering built-in cash flow from day one. This setup is ideal for house hackers looking to offset their mortgage or investors adding a high-quality, low-maintenance asset to their portfolio. Located on a quiet, well-maintained block with strong neighborhood pride and easy access to major roads, schools, and amenities. The surrounding area has seen significant reinvestment and infrastructure improvements, with newly paved streets and revitalization efforts bringing fresh energy and long-term growth to the neighborhood. Just minutes from downtown, major hospitals, and cultural landmarks—positioned for strong appreciation in a rising market. Separate gas and electric meters make tenant management simple, and the area’s high rental demand ensures continued income stability. Schedule your showing today—opportunities like this don’t last. BATVAI. Do Not Disturb Tenants
PROPERTY FACTS
| Price | $299,900 | Property Subtype | Apartment |
| Price Per Unit | $149,950 | Lot Size | 0.10 AC |
| Sale Type | Investment | Building Size | 2,700 SF |
| Cap Rate | 10.73% | Average Occupancy | 50% |
| No. Units | 2 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1924/2024 |
| Zoning | R2 | ||
| Price | $299,900 |
| Price Per Unit | $149,950 |
| Sale Type | Investment |
| Cap Rate | 10.73% |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Lot Size | 0.10 AC |
| Building Size | 2,700 SF |
| Average Occupancy | 50% |
| No. Stories | 2 |
| Year Built/Renovated | 1924/2024 |
| Zoning | R2 |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Balcony
- Fireplace
- Microwave
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Basement
- Deck
- Dining Room
- Handrails
- Patio
- Porch
SITE AMENITIES
- Fenced Lot
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 2 | - | - |
1 1
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3273-3275 Cortland | 3273 Cortland St
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