$330,000
$355,000
7.0%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
3,872 SqFt
SOLD DATE : 10/12/2023
Key Details
Sold Price $330,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,872 sqft
Price per Sqft $85
Subdivision Plat Of Reeder Jerome & Duffield Sub (Plats)
MLS Listing ID 20230080068
Sold Date 10/12/23
Style Quadruplex
Bedrooms 4
Full Baths 4
Originating Board Realcomp II Ltd
Year Built 1885
Annual Tax Amount $1,470
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 60 x 130 x 60 x 130
Property Description
Welcoming your NEW INVESTMENT property in Southwest Detroit! Perfect for investors or first time home buyer's looking to house hack! Live in one unit and rent out the others. This QUADRUPLEX has CASHFLOW and is professionally managed by a property management company. 4 Units, 2 - 3 Bed/1 Bath units & 2 - 2 Bed/1 Bath Units. Highly appreciating location. Only 5 mins from Ford's MASSIVE 740-Million Dollar renovation at Michigan's Central Station in CORKTOWN. Located on Junction Ave, on the road near the 5.7-Billion Dollar Gordie Howe International Bridge development! Walking distance to Clark Park, Armandos, Mexicantown Bakery, Mutiny Bar, Flowers of Vietnam, El Club & more! This area attracts WSU Students, Casino Workers, Henry Ford, DMC or VA Hospital workers. Priced to sell. Selling 'as-is'. Monthly & Annual income is projected. 2 units currently occupied; Unit 1047 for $900 per month (lease ends 3/22/24) and Unit 1049 for $1,000 per month (lease ends 8/20/24). Make your investment for the future today!
Location
State MI
County Wayne
Area Det South Of Grand River
Zoning Multi-Family
Direction Junction & 75
Rooms
Basement Unfinished, Common
Interior
Interior Features High Spd Internet Avail
Hot Water Natural Gas
Heating Forced Air
Cooling Window Unit(s)
Fireplace no
Heat Source Natural Gas
Exterior
Exterior Feature Awning/Overhang(s), Private Entry, Fenced
Pool No
Waterfront no
Roof Type Rubber
Porch Balcony, Porch
Road Frontage Paved, Pub. Sidewalk
Garage no
Building
Foundation Basement
Sewer Sewer at Street
Water Water at Street
Architectural Style Quadruplex
Level or Stories 2 Story
Structure Type Brick
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID W16I013350S001
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional
Rebuilt Year 2019
Listing Terms Cash, Conventional
Financing Cash,Conventional
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