3803 Tyler Street, Detroit, MI 48238

Exceptional Investment Opportunity in Detroit's Historic Russell Woods - 3803 Tyler Street

Overview: Welcome to 3803 Tyler Street, a charming multi-family residence nestled in the heart of Detroit's esteemed Russell Woods neighborhood. This property presents a rare opportunity for savvy investors seeking to add a piece of Detroit's history to their portfolio.

Property Details:

Type: Multi-Family Residential
Total Units: 3
Total Square Footage: 2,600 SF
Year Built: 1927
Location: Russell Woods, Detroit, Michigan

Elegant Multi-Unit Property with Ample Amenities and Space

Unit Configuration:

Ground Floor: This unit features a comfortable layout with 3 bedrooms, a spacious dining room, a cozy living room, a full-sized, well-appointed bathroom, and a functional kitchen.
First Upper Unit: A quaint 2-bedroom apartment that includes a dining room, living room, and a full bathroom.
Second Upper Unit: This unit offers 2 bedrooms, a living room, and a full bathroom.

Features and Amenities:

Freshly Painted: The entire property has been freshly painted, providing a clean, modern feel throughout.
New Window Treatments: Each unit is fitted with brand new blinds, enhancing both privacy and aesthetic appeal.
Basement Amenities: The basement serves as a shared area with storage space for each unit. It is equipped with facilities for coin-operated laundry or individual washers and dryers, along with 3 utility sinks.
Heating and Hot Water: The property utilizes steam heat and is equipped with a large hot water tank, ensuring comfort and convenience for all residents.
Multiple Exits and Access Points: There are 3 separate exits for safety and convenience, along with 2 access points to both the upper units and the basement, ensuring easy movement throughout the building.
Outdoor Spaces: Residents can enjoy the covered front porch and an upstairs balcony, perfect for relaxation and enjoying the outdoors.

This multi-unit property combines historical charm with modern conveniences, making it an ideal investment for those looking to expand their real estate portfolio or for a buyer seeking a multifaceted living space. With its versatile layout and thoughtful amenities, it offers comfort, style, and functionality.

Features:

Historic Charm: Built in 1927, this property retains its historic elegance with classic architectural details, offering a unique blend of old-world charm and modern living.
Spacious Units: Each of the three units boasts generous living spaces, ensuring comfort and style for tenants. The thoughtful layout maximizes both privacy and communal living.
Potential for Value-Add: With its solid structure and timeless design, 3803 Tyler Street offers immense potential for value-add through cosmetic updates and modern amenities.
Prime Location: Situated in the historic Russell Woods, the property is surrounded by a community rich in history and culture, with easy access to Detroit's burgeoning downtown and vibrant neighborhoods.
Strong Rental Market: The Russell Woods area has a robust rental market, making this an ideal investment for steady rental income and long-term capital appreciation.

Investment Highlights:

Historical Significance: A piece of Detroit’s history, offering a unique investment opportunity.
Strong Income Potential: High demand area with the potential for strong rental yields and occupancy rates.
Growth Opportunity: Opportunity to enhance property value through strategic upgrades and efficient property management.

This property is not just an investment; it's a chance to own a piece of Detroit's rich history. Whether you’re looking to expand your real estate portfolio or seeking a distinctive investment opportunity, 3803 Tyler Street in Russell Woods is a must-consider.