$60,000
$74,900
19.9%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
2,900 SqFt
SOLD DATE : 11/15/2023
Key Details
Sold Price $60,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,900 sqft
Price per Sqft $20
Subdivision Lathrups Dexter Boulevard Sub (Plats)
MLS Listing ID 20230056768
Sold Date 11/15/23
Style Duplex
Bedrooms 2
Full Baths 2
Originating Board Realcomp II Ltd
Year Built 1925
Annual Tax Amount $1,674
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 35.00 x 122.00
Property Description
Attention Investors: Great opportunity to snag a multi-family 2 unit property bordering Russell Woods for an amazing price. This towering property features almost 3,000 sq feet of living space and 3 bedrooms in each unit. Here is the upside: market rent for 3 BR units in Detroit are now in the $1,000 range per unit. Both units are currently vacant and require a moderate size rehab. Mechanical systems are already upgraded, mainly cosmetic work needed. All of the major cost items were included in the 2019 remodel including a brand new roof, new vinyl windows, hot water tanks and furnaces. Part of a larger portfolio.
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Zoning Multi-Family,Residential
Direction South Of Davison, West Of Linwood, East Of Dexter
Rooms
Basement Unfinished
Interior
Hot Water Natural Gas
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Exterior Feature Fenced
Pool No
Waterfront no
Roof Type Asphalt
Porch Porch - Covered, Porch
Road Frontage Paved
Garage yes
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Duplex
Level or Stories 2 Story
Structure Type Brick
Schools
School District Detroit
Others
Pets Allowed No
Tax ID W12I004038S
Ownership Short Sale - No,Private Owned
Assessment Amount $340
Acceptable Financing Cash, Conventional
Rebuilt Year 2019
Listing Terms Cash, Conventional
Financing Cash,Conventional
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