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$ 71,000
Est. payment | /mo
2 Baths
1,849 SqFt
$ 71,000
Est. payment | /mo
2 Baths
1,849 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,849 sqft
Price per Sqft $38
Subdivision Mi
MLS Listing ID 60379124
Style 2 Story
Full Baths 2
Year Built 1926
Annual Tax Amount $1,412
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 40.00 x 120.00
Property Sub-Type Multi-Family
Property Description
MOTIVATED SELLER!! 2-Family – Value-Add Opportunity Needs some work. Brick duplex with 2 bed/1 bath units, separate entrances, and vinyl windows throughout. Structurally sound with a good roof and a 2-car detached garage. Needs mechanicals and interior updates to shine. With some rehab, each unit could rent for $1,200/month—perfect for a cash-flow investor or house hacker. Good ROI after repairs. Strong CAP rate after updates at those rent rates. Cash or rehab financing only. Strong upside in a rising Detroit neighborhood.
Location
State MI
County Wayne
Area Detroit (82001)
Rooms
Basement Block
Interior
Heating Forced Air
Fireplace No
Exterior
Exterior Feature Brick
Building
Story 2 Story
Foundation Basement
Water Public Water, Public Water at Street
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Assessment Amount $250
Energy Description Natural Gas
Financing Cash,FHA 203K
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by EXP Realty Main