Multi-Family for sale in Detroit, Michigan, 20230005174

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Check out this income producing multi-family in a very desirable and up and coming neighborhood! Both units have 3 bed/1 bath and are tenant occupied. Rent is current on both units! All the mechanicals have been updated in the last 5 years-roof, water heater, furnace, electrical and windows. Bring your finishing touches and a little TLC, and this can be a great opportunity for an investor.

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Basic Information

Listing ID20230005174

Price$234,900

StatusActive

Total Baths2

Full Baths2

SqFt 3,022

Acres 0.110

CountyWayne

SubdivisionSTAFFORDS INTER COLLEGE ( PLATS)

Year Built1930

Property TypeMulti-Family

Walk Score

Schools

Primary Features

County Wayne

Property Type Multi-Family

Subdivision STAFFORDS INTER COLLEGE ( PLATS)

Year Built 1930

Zoning Residential

Interior

Basement yes

Basement Type Unfinished

Fireplace no

Heating Forced Air

Living Area Source Prior Listing

Sqft Combined 3022

Sqft Total Basement 1467

External

Architecture Style Duplex

Construction Materials Brick

Foundation Details Basement

Frontage Feet 40

Heating Fuel Natural Gas

Homestead no

Lot Size Dimensions 43.00 x 109.00

Pool no

Road Frontage Type Paved

Sewer Public Sewer (Sewer-Sanitary)

Three Bed Units 2

Units Total 2

Water Source Public (Municipal)

Waterfront no

Location

MLS Area Major Det 6-8 Grfld-Dequindre

MLS Area Major Number 05041

Postal City Detroit

School District Detroit

Additional

MLS Realcomp II Ltd

Ownership Status Broker/Agent Owned, Short Sale - No

Percent Homestead Exempt no

Pets Allowed Call

Settlement City

Units Leased 2

Financial

Assessment 240.00

Down Payment Resource 1

Gross Scheduled Income 26400

Income Projection Projected

Land Contract no

Listing Financing Cash, Conventional

Monthly Rental Income 2200

Possession Subject To Tenant Rights

Sale Agent Compensation 2.5%

Short Sale no

State Equalized Value 94700

Sub Agency Compensation 1

Title Agent Owned (Broker/Agent)

Total Tax 5304

Transaction Coordinator 1

Transaction Coordinator Compensation 2.5%

Zoning Info

Contact - Listing ID 20230005174

Irongate Realty Group, Inc

Address: 24655 Southfield Rd, Ste 101
Southfield, MI 48075
United States
Phone: 248-971-1222

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IDX provided courtesy of Realcomp II Ltd., via Irongate Realty Group and Realcomp II Ltd, ©2016 Realcomp II Ltd. Shareholders. The IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated: Friday, March 24th, 2023 at 01:46:32 AM.

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