Detroit, MI 48224,5572 THREE MILE Drive

$165,000

$159,950

3.2%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

2 Beds

2.5 Baths

1,957 SqFt


SOLD DATE : 04/17/2023

Key Details

Sold Price $165,000

Property Type Multi-Family

Sub Type Colonial

Listing Status Sold

Purchase Type For Sale

Square Footage 1,957 sqft

Price per Sqft $84

Subdivision Henry Russells Three Mile Drive Sub No 1 (Plats)

MLS Listing ID 20230000764

Sold Date 04/17/23

Style Colonial

Bedrooms 2

Full Baths 2

Half Baths 1

Originating Board Realcomp II Ltd

Year Built 1929

Annual Tax Amount $2,550

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 39.00 x 120.00

Property Description

Turn-key multi-family duplex on beautiful Three Mile Drive near Chandler Park Drive in Detroit's Morningside neighborhood. Both two bedroom, one bathroom units have been completely updated: new kitchens w/ high-end cabinets, quartz countertops, tile backsplash and flooring; new tub/shower, subway tile, vanity, flooring in bathrooms; refinished hardwood floors; new roof and exterior paint; new wooden decks off the rear doors; new double-pane vinyl windows. Much of the original details are preserved: cove plaster ceilings, picture rails, corbels in arches, and original doors / hardware / trim. Unfinished basement with separate storage and laundry areas. New forced-air furnace for lower unit, baseboard heat for upper unit. New, shared water heater. Two car garage, fenced-in backyard. Both units are currently occupied by good tenants who pay rent on time and would like to stay. Upper unit rent is $800/month; lease expires 5/31/2023. Lower unit rent is $825/month; lease expires 3/31/2023. Located 3 blocks from East Warren Ave, currently undergoing $8.2M streetscape makeover and commercial corridor revitalization efforts. Easy access to I-94 + all of Metro Detroit. Note: Property taxes currently 100% non-homestead. Owner occupant is eligible for 50-100% homestead + NEZ for significant property tax savings!

Location

State MI

County Wayne

Area Det Con-Mors/Grat. Hstn/7 Mack

Zoning Residential

Direction 5572 3 Mile Drive, Detroit, MI

Rooms

Basement Interior Entry (Interior Access), Unfinished, Common, Private Storage Locker

Interior

Hot Water Natural Gas

Heating Hot Water

Heat Source Natural Gas

Exterior

Garage Spaces 2.0

Pool No

Roof Type Asphalt

Porch Porch

Road Frontage Paved

Garage 1

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Colonial

Level or Stories 2 Story

Structure Type Brick

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID W21I071198S

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional, FHA, FHA 203K, Trade/Exchange, VA, Warranty Deed

Listing Terms Cash, Conventional, FHA, FHA 203K, Trade/Exchange, VA, Warranty Deed

Financing Cash,Conventional,FHA,FHA 203K,Trade/Exchange,VA,Warranty Deed

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Realcomp MLS
Listed by KW Grosse Pointe
Bought with Keller Williams Realty-Great Lakes
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

};