Detroit, MI 48201,284 ERSKINE Street

$660,000

$750,000

12.0%
Est.Price: ?

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Est. payment /mo

8 Beds

4 Baths

5,442 SqFt


SOLD DATE : 10/02/2024

Key Details

Sold Price $660,000

Property Type Single Family Home

Sub Type Historic

Listing Status Sold

Purchase Type For Sale

Square Footage 5,442 sqft

Price per Sqft $121

Subdivision Brush Sub Of Pt Of Pk Lots 15 16 & 17 (Plats)

MLS Listing ID 20240018650

Sold Date 10/02/24

Style Historic

Bedrooms 8

Full Baths 4

HOA Y/N no

Originating Board Realcomp II Ltd

Year Built 1900

Annual Tax Amount $4,088

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 50.00 x 150.00

Property Description

Discover A Promising Historic Renovation Opportunity In The Thriving Brush Park Neighborhood. This Well-located Property, Situated In An Opportunity Zone, Is Primed For Development of a Single Family Home, Four Potential Condo Units Or As Income-Generating Rentals. The Property Allows For A Versatile Blend Of Short & Long Term Rental Options. Benefit From Installed Electrical And Gas Infrastructure, A New Roof, And Completed Rough Framing. Alley Access for Parking/ Room to Build Garage or Carriage House. Enjoy Tax Advantages As The Property Falls Within A Qualified Opportunity Zone And May Also Qualify For NEZ Status, Offering Potential Tax Reductions. Seize The Chance To Invest Strategically In Historic Brush Park, One of The Fastest-growing Communities In Detroit, Centrally Located To Key Attractions & Amenities Including Downtown, Entertainment District, Sports Venues, Midtown, DMC, Wayne State University, Eastern Market, Gratiot & Woodward Corridors Making This A Unique & Endless Opportunity.

Location

State MI

County Wayne

Area Det: Livernois-I75 6-Gd River

Direction East of Woodward South of Mack

Rooms

Basement Interior Entry (Interior Access), Unfinished

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling Central Air

Fireplaces Type Natural

Fireplace yes

Heat Source Natural Gas

Exterior

Exterior Feature Fenced

Garage Description No Garage

Fence Fenced

Pool No

Waterfront no

Roof Type Rubber

Porch Porch - Covered, Patio, Porch, Patio - Covered

Road Frontage Paved

Garage no

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Historic

Warranty No

Level or Stories 3 Story

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W01I000781S

Ownership Short Sale - No,Private Owned

Assessment Amount $340

Acceptable Financing Cash, Contract, Warranty Deed

Listing Terms Cash, Contract, Warranty Deed

Financing Cash,Contract,Warranty Deed

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Realcomp MLS
Listed by Own It Realty
Bought with RE/MAX Team 2000
agent-avatar

+1(248) 550-1101

brett@brettsmithrealty.com

28780 John R Rd, Madison Heights, MI, 48071, USA

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