Description
Attention investors: this is your chance to own a prime ~5,000 sq ft property near the heart of detroit! located just steps from henry ford health system and wayne state university, and only 10 minutes from downtown detroit, this property offers a high-demand location with incredible income potential.
here’s what makes this property a standout deal:
? fully gutted & partitioned: designed for 6 apartments, with approved plans for up to 10 units.
? framing, plumbing & electrical completed: major work done, ready for your finishing touch.
? unit layouts include:
• (2) two-bed, one-bath units
• (4) one-bed, one-bath units
• averaging ~650 sq ft per unit
? partial drywall installed: speeds up project completion.
? prime location: surrounded by a growing midtown neighborhood with proximity to major employers, universities, and amenities.
whether you’re looking for a long-term rental opportunity or to tap into detroit’s growing housing demand, this property is ready to transform into a cash-flowing asset.
don’t miss out on this off-market deal in one of detroit’s most dynamic areas. contact us today for details!
Property Type
MultifamilySubdivision
Scovels (plats)County
WayneStyle
Bungalow,Other,Quadruplex,TriplexAD ID
48362389
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Property Details
-
Interior Features
Bathroom Information
- Total Baths: 5.5
- Full Baths: 5
- Half Baths: 1
Interior Features
- Basement Description: Unfinished
Heating & Cooling
- Heating: Hot Water
- Heating Fuel: Natural Gas
-
Exterior Features
Building Information
- Year Built: 1918
- Building Stories: 3 Story
- Total Units: 6
- Foundation/Basement: Basement
- Architecture: Bungalow,Other,Quadruplex,Triplex
Exterior Features
- Construction: Brick
Utility Features
- Sewer: Public Sewer (Sewer-Sanitary)
Water
- Water at Street
-
Property / Lot Details
Lot Information
- Lot Size: 0.18
- Dimensions: 40.00 x 200.00
Property Information
- SQ ft: 5140
- Subdivision: SCOVELS (PLATS)
- Financing: Cash,Contract,Conventional
-
Listing Information
Listing Price Information
- Original List Price: $349,000
Listing Information
- Possession: At Close
- Legal Description: W GRAND BLVD W S 40 FT 6 BLK 7 SCOVELS SUB L11 P97 PLATS, W C R 14/105 40 X 200
-
Taxes / Assessments
Tax Information
- Annual Tax: $2,045
- Parcel Number: W14I008108S
Possession
- At Close
Legal Information
- Legal Description: Section: W GRAND BLVD W S 40 FT 6 BLK 7 SCOVELS SUB L11 P97 PLATS, W C R 14/105 40 X 200
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking: 2
- Has Garage: Yes
Multi-Unit Information
- Road Frontage: Paved
Unit 1 Information
- # of Bedrooms: 2
Unit 2 Information
- # of Bedrooms: 4
-
School, Utilities & Location Details
Utility Information
- Water:Water at Street
- Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 01/20/2025 @ 20:35
- MLS: 622410589
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Realcomp II Ltd
is a Multifamily, with 10 bedrooms which is for sale, it has 5,140 sqft, 0 sized lot, and 0 parking. A comparable Multifamily, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Detroit , in zip code 48208, this Wayne County Multifamily , it is in the SCOVELS (PLATS) Subdivision, and are nearby neighborhoods.