7542 Meadow AVE
Multi-Family $ 239,900

7542 Meadow AVE

Warren, MI 48091

  • 2 Baths
    Full Baths: 2
  • 2,256 SqFt
  • 3,920 Lot Size
  • 1942 Year Built
INVESTOR ALERT! Turnkey, High-Yield Duplex Generating MORE 1% Monthly Return! ?Rare opportunity to acquire a fully updated, fully occupied, high-performing duplex generating guaranteed income. Backed by reliable agency/organization-paid leases with model tenants, this property delivers immediate, hands-off cash flow from Day 1 with significant upside potential on upcoming lease renewals.
LET'S TALK ABOUT ?PROPERTY HIGHLIGHTS & FINANCIAL BREAKDOWN: ?Lower Unit (2 Beds / 1 Bath): $1,300/mo guaranteed rent. Features updated vanity, new carpet/flooring, and fresh paint. ?Upper Unit (4 Beds / 1 Bath): $1,500/mo guaranteed rent. Updated kitchen featuring newer cabinets and countertops. ?Total Current Income: $2,800/mo ($33,600/yr) which is exceeding the 1% rule!? Zero immediate capital expenditures needed! This building has been extensively updated! Updated mechanicals! High-efficiency heating systems, newer furnace and newer water heater. Updated plumbing and electrical work, newer electrical panels for both units, and modern plumbing/electrical fixtures throughout. Vinyl windows throughout (with blinds), newer front roof, and fully repainted interior. ?Inclusions: Both sets of unit appliances are landlord-owned and convey with the sale. The property includes an adjacent FREE buildable lot—a massive value-add for future development, expansion, or separate resale! ?The seller is liquidating equity solely to fund another project, creating a rare opening to step into a fully stabilized, turnkey income producer. Leads immediately with the 1%+ rule, $2,800/mo income, and guaranteed lease structure to hook investor attention in search feeds. Emphasizes that leases are paid through housing agencies signaling reliable rent collection and minimal vacancy risk. Updated mechanicals, roof, electrical, and plumbing into a clear section to prove to out-of-state or local hands-off investors that maintenance costs will be low.
Listed by EXP Realty Main

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type MultiFamily

    Listing Status Coming Soon

    Purchase Type For Sale

    Square Footage 2, 256 sqft

    Price per Sqft $106

    MLS Listing ID 20261076376

    Style Colonial

    Full Baths 2

    Year Built 1942

    Lot Size 3,920 Sqft

    Acres 0.09

    Property Sub-Type MultiFamily

  • Location

    State MI

    County Macomb

    Area Area03131Warren

  • Building

    Foundation CrawlSpace

    Sewer Public Sewer

    Water Public

    New Construction No

  • Interior

    Heating Forced Air, Natural Gas

    Fireplace No

  • Exterior

    Parking Features Garage

    Pool None

    View Y/N No

    Garage true

  • Schools

    School District Van Dyke

  • Others

    Senior Community false

    Acceptable Financing Cash, Conventional, FHA, VaLoan, WarrantyDeed

    Listing Terms Cash, Conventional, FHA, VaLoan, WarrantyDeed

    Special Listing Condition ShortSaleNo, Standard

    Pets Allowed Call

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CONTACT

Zaid Kassab
Zaid Kassab

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