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$239,900
7 Days On Site

7542 Meadow Avenue
Warren City, MI 48091

For Sale|Multi Family|Active
6
Beds
2
Total Baths
2
Full Baths
2,256
SqFt
$106
/SqFt
1942
Built
County:
Macomb
Call Now: (248) 277-4226
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(248) 277-4226
7542 Meadow Avenue7542 Meadow Avenue7542 Meadow Avenue7542 Meadow Avenue
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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.

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Listing Snapshot
Price 
$239,900
Days On Site 
7 Days
Bedrooms 
6
Inside Area (SqFt) 
2,256 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.09 Acres
Year Built 
1942
MLS® Number 
20261076376
Status 
Active
Property Tax 
$306.93
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
6 days agoStatus changed to Active
6 days agoListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Acres 
0.09
Cross Street 
9 Mile & VanDyke
Disclosures 
Actual Income, Taxes Not Homestead Exempt
Garage 
Yes
Levels 
Two
Parking 
Garage
Parking Spaces 
2
Pets 
Call
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
2256
Style 
Colonial
Water Source 
Public
Zoning 
Residential
Interior Features
Basement 
Crawl Space
Heating 
Forced AirNatural Gas
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Exterior Features
Construction Details 
Aluminum Siding
Patio And Porch 
Porch
Pool Features 
None
Community Features
MLS Area 
Area03131Warren
School District 
VanDyke
Financing Terms Available 
CashConventionalFHAVA Loan
Roads 
Paved
Schools
School District
VanDyke
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of EXP Realty Main: zaid.kassab@exprealty.com



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Neighborhood & Commute
Source: Walkscore
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