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$159,500

5856 BARRETT ST

Detroit, Michigan 48213

Chandler Park Neighborhood

2 Baths

2140 Sq FT

$74.53 Price per Sq Ft

Highlights

About This Home

MULTIPLE OFFERS RECEIVED, HIGHEST AND BEST DUE BY FRIDAY AT NOON. BRAND NEW ROOF TEAR OFF WITH 40 YEAR WARRANTY! LOCATED JUST 6 MINUTES FROM THE HISTORIC EAST ENGLISH VILLAGE YOU WILL FIND 5856 BARRETT NESTLED ON A 3,833 SQUARE FOOT LOT IN CHANDLER PARK QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL DUPLEX CONSISTS OF 2 RECENTLY REMODELED SECTION 8 UNITS. SHE HAS BEEN CAREFULLY UPGRADED AND HAS 2025 FURNACES AND HOT WATER TANKS. IN ADDITION, EACH UNIT HAS BRAND NEW ELECTRICAL&AND PLUMBING AS WELL TO INSURE MAINTENANCE FREE CASH FLOW. BRAND NEW SIDING AND ALUMINUM TRIM PAIRED WITH NEW WINDOWS COMPLETE THE CURB APPEAL TO YOUR ROYAL HIGHNESS. EACH SPACIOUS 3 BEDROOM UNIT HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS FROM SAME AGENCY AND THE MONTHLY DIVIDENDS OF $2,550 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT. TENANTS PAY ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20%. THE TAXES HAVE BEEN REDUCED TO ROUGHLY $100 PER MONTH. THIS DIAMOND WILL WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER. LET'S CLOSE!

Listing Agent

Marta Kopania

Realtyflo Inc

Listed on : November 5, 2025

Activity

Days on Market:

176

Home Details

Home Type

  • ResidentialIncome

Est. Annual Taxes

  • $493

Year Built

  • Built in 1927

Lot Details

  • 0.09 Acre Lot
  • Lot Dimensions are 35.00 x 110.00

Parking

Home Design

Interior Spaces

  • 2,140 Sq Ft Home

Kitchen

Flooring

Bedrooms and Bathrooms

  • 2 Bathrooms

Laundry

Finished Basement

Home Security

Pool

Outdoor Features

Location

  • 5856 BARRETT ST

Utilities

  • ForcedAir, NaturalGas
  • Water Source: WateratStreet
  • Sewer: SewerAtStreet

About the Showing Agent

Hassan Scheib

Own It Realty

313-395-0000

mail IconContact Hassan

As a leading Real Estate investment broker, native Detroiter, and family man, Hassan Scheib commands a firm grasp of investing in the Detroit Metro area. His experience and native intuition have led him from success to success as he has overseen property sales, acquisitions, inspections, construction, and tenant placement. Hassan combines keen business acumen, finance know-how, transparency, and ethics with every deal, and he is skilled in Portfolio Sales, Investor Relations, Strategic Planning, Marketing & Management. Above all else, he understands that the client is at the center of the deal and knows how to listen to their needs, roll up his sleeves, and offer them first-class customized service. Committed and attentive, Hassan is always ready to dip into his expansive professional network, industry experience, care, and meticulous attention to detail to help clients reach their goals.

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About Chandler Park

Chandler Park Learn More About Chandler Park
Own It Realty

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