$77,000
$85,000
9.4%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
2,306 SqFt
SOLD DATE : 10/07/2019
Key Details
Sold Price $77,000
Property Type Multi-Family
Sub Type Upper/Lower Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 2,306 sqft
Price per Sqft $33
Subdivision East Detroit Development Cos No 1 (Plats)
MLS Listing ID 219082465
Sold Date 10/07/19
Style Upper/Lower Apartment
Bedrooms 2
Full Baths 2
Originating Board Realcomp II Ltd
Year Built 1929
Annual Tax Amount $1,035
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 40.00X114.00
Property Description
Perfect opportunity to invest in the Detroit Real Estate Market! Well maintained 2 family with the lower unit tenant paying $600/mo (Lease expires 7/31/2020) and a tenant in waiting for upstairs willing to pay $725/mo. Or bypass the tenant in waiting, move in and allow the lower tenant to pay off your mortgage! Upper unit is move in ready with refinished hardwood floors, ceramic tile in bathroom, laminate flooring in kitchen. Vinyl windows throughout property, newer roof (2013). Separate utilities (elec/gas)and basements. Please don't disturb or approach the existing tenants. Lower unit has the same layout except it has a rear enclosed porch and the upper has a loft bedroom (25x12). Turn Key investment. Steps from Mack Ave and Grosse Pointe.Rental Certificate of Compliance good until 2/07/2022.
Location
State MI
County Wayne
Area Det Con-Mors/Grat. Hstn/7 Mack
Zoning Multi-Family
Direction Outer Dr to Mack Ave (West) to Devonshire (North) to address.
Rooms
Basement Private
Interior
Interior Features Carbon Monoxide Alarm(s)
Hot Water Natural Gas
Heating Forced Air
Cooling Ceiling Fan(s)
Heat Source Natural Gas
Exterior
Exterior Feature Fenced
Pool No
Porch Porch - Enclosed
Road Frontage Paved
Building
Foundation Basement
Sewer Sewer-Sanitary
Water Municipal Water
Architectural Style Upper/Lower Apartment
Level or Stories 3 Story
Structure Type Brick,Stucco/EIFS,Wood
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID W21I070346S
Ownership Private Owned,Short Sale - No
SqFt Source PRD
Acceptable Financing Cash, Conventional, FHA
Rebuilt Year 2019
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
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