2017 Burlingame Street

Detroit, Michigan 48206

  • 13 Bed(s)
  • 10 Bath(s)
  • 7,884 Sqft
  • 0.27
    Acre(Lot)
$775,000

Description

Prime multifamily investment opportunity in detroit! discover the potential of 2017 burlingame street, a high upside value add 10-unit multifamily property in the desirable boston edison district. spanning 7,884 sq. ft. this brick and block building combines timeless charm with modern upgrades. the property features 7 one-bedroom units and 3 two-bedroom units, potentially generating a monthly rental income of $9,500 with utilities included, and a projected net annual income of $84,000. key features include a full basement with storage, laundry facilities, newer boiler, upgrades to units, windows roof and many other upgrades. ample parking for 20 vehicles. financing options include cash, conventional, or a land contract with a $350,000 down payment and a 7.5% interest rate. don’t miss this exceptional investment opportunity—schedule your showing today!

  • Property Type

    Multifamily

  • Subdivision

    Oakman & Stoll

  • County

    Wayne

  • Style

    Cape Cod,Common Entry Building

  • AD ID

    48031364

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Property Details

  • Bathroom Information

    • Total Baths: 10
    • Full Baths: 10

    Room Information

    • Porches: Porch

    Interior Features

    • Smoke Alarm,Cable Available,Carbon Monoxide Alarm(s),Laundry Facility,Other,High Spd Internet Avail,Programmable Thermostat
    • Roof : Asphalt
    • Basement Description: Interior Entry (Interior Access),Unfinished,Common Storage Locker,Common

    Heating & Cooling

    • Cooling: Window Unit(s)
    • Heating: Hot Water,Other,Radiant

    Water Heater

    • Common,Natural Gas

  • Building Information

    • Year Built: 1948
    • Building Stories: 2 Story
    • Total Units: 10
    • Roof: Asphalt
    • Foundation/Basement: Basement
    • Architecture: Cape Cod,Common Entry Building

    Exterior Features

    • Awning/Overhang(s),Chimney Cap(s),Lighting,Permeable Paving,Private Entry,Fenced
    • Construction: Block/Concrete/Masonry,Brick

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary)

    Water

    • Public (Municipal)
    • Water Heat: Common,Natural Gas

  • Lot Information

    • Lot Size: 0.27
    • Dimensions: 90.00 x 133.00

    Property Information

    • SQ ft: 7884
    • Subdivision: OAKMAN & STOLL
    • Financing: Cash,Contract,Conventional

  • Listing Price Information

    • Original List Price: $775,000

    Listing Information

    • Possession: At Close
    • Legal Description: S BURLINGAME 152 THRU 150OAKMAN & STOLL'S SUB L29 P92 PLATS, W C R 8/125 90 X 132.78A

  • Tax Information

    • Annual Tax: $3,135
    • Parcel Number: W08I003376C94

    Possession

    • At Close

    Legal Information

    • Legal Description: Section: S BURLINGAME 152 THRU 150OAKMAN & STOLL'S SUB L29 P92 PLATS, W C R 8/125 90 X 132.78A

  • Parking Information

    • Parking: 20

    Multi-Unit Information

    • Presently Zoned: 1
    • Road Frontage: Paved,Pub. Sidewalk

    Unit 1 Information

    • # of Bedrooms: 7

    Unit 2 Information

    • # of Bedrooms: 3

  • Utility Information

    • Water:Public (Municipal)
    • Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 12/21/2024 @ 11:23

  • MLS: 621509518
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 13 bedrooms which is for sale, it has 7,884 sqft, 0 sized lot, and Lighted,Off Site,On Street,Paved,Unassigned/General 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 48206, this Wayne County Multifamily , it is in the OAKMAN & STOLL Subdivision, and are nearby neighborhoods.