Detroit, MI 48214,2571 TOWNSEND Street

$347,525

$335,000

3.7%
Est.Price: ?

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Est. payment /mo

2 Beds

3 Baths

2,800 SqFt


SOLD DATE : 05/13/2024

Key Details

Sold Price $347,525

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,800 sqft

Price per Sqft $124

Subdivision Boulevard Park Sub (Plats )

MLS Listing ID 20240032198

Sold Date 05/13/24

Style Duplex

Bedrooms 2

Full Baths 3

Originating Board Realcomp II Ltd

Year Built 1918

Annual Tax Amount $1,053

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 30.00 x 100.00

Property Description

House Hacking is the perfect way to hedge against high interest rates. Live in a comfortable bi-level upper unit in Islandview with open floor plan, main level laundry, 2 full baths, including top-floor primary suite. Rent out the lower and reduce your monthly payment by half. Pay as little as 3% down. Some preferred loan programs have no PMI, lower interest rates (in the sixes!) and closing cost grants, and allow you to use projected rent as income. Ask your agent to get the details! Both units completely renovated with all new roof, electrical, heating, plumbing, insulation floors, walls, kitchens and bathrooms, most window replaced as well This is not just a property; it's a strategic investment with great potential. Each unit comes with refrigerator, range, dishwasher, washer-dryer, microwave, to be installed prior to closing (credit can be negotiated for central air). Residents of this neighborhood love it's bike-ability and proximity to Belle Isle and West Village. Islandview is undergoing large infrastructure updates to the electrical grid, and almost every house on the block is being renovated. FHA and VA friendly.

Location

State MI

County Wayne

Area Det Woodward-Mcclellan/So Mack

Zoning Multi-Family,Residential

Direction Head E on Vernor Hwy, Left on Townsend subject on left

Rooms

Basement Unfinished

Interior

Interior Features Laundry Facility, Programmable Thermostat

Heating Forced Air

Cooling Central Air

Fireplace no

Heat Source Natural Gas

Laundry 1

Exterior

Exterior Feature Private Entry

Garage Spaces 2.0

Waterfront no

Roof Type Asphalt

Porch Porch - Covered, Porch

Road Frontage Paved

Garage no

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Duplex

Level or Stories 3 Story

Structure Type Brick

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID W17I012447S

Ownership Short Sale - No,Private Owned

Assessment Amount $340

Acceptable Financing Cash, Conventional

Rebuilt Year 2023

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Realcomp MLS
Listed by Jan Dijkers of Berkshire Hathaway HomeServices The Loft Warehouse
Bought with Prep Realty
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