31 W Barrett Ave, Madison Heights, MI 48071
- $275,000
- 2
- BA
- 1,584
- SqFt
- List Price
- $275,000
- MLS#
- 20261007644
- Status
- ACTIVE
- Bathrooms
- 2
- Subdivision
- SLATER PARK SUB
Property Description
Welcome to 31 Barrett, a prime upper–lower duplex offering strong cash flow and value-add upside. This property was appraised at $290,000 in December 2025 and features two separate units with tenants currently on month-to-month leases, providing flexibility for an investor to come in, make improvements, and raise rents. The upper unit is Section 8 and rented month to month, while the lower unit offers significant value-add potential and is also month to month. Utilities are paid directly by the tenants, with water paid by the landlord and reimbursed through a bill-back system. This is an excellent opportunity for an investor seeking a solid rental or an owner-occupant looking to house hack while enjoying nearby local conveniences. Seller is open to a mortgage takeover with a minimum of 25% down (non-negotiable). Don’t miss your chance to secure a great cash-flowing duplex with upside potential
Additional Information
- Year Built
- 1928
- Basement Type
- Unfinished
- Acres
- 0.10
- Style
- Bungalow
- Acres
- 0.10
- School District
- Madison (Madison Hts.)
- Cooling
- Ceiling Fan(s), Central Air
- Heating
- Forced Air, Natural Gas
Mortgage Calculator
Courtesy of Keller Williams Paint Creek 2486098000
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