Description
Seize the opportunity to invest in a highly lucrative rental property, perfect for both long-term and short-term rentals. this multi-family property features spacious 3-bedroom units, ideal for attracting a wide range of tenants. recently renovated floors add to its appeal and potential.
with an arv (after repair value) above listing price, this property promises significant returns. the motivated seller is retiring from the business, making this an opportune moment to step in and add your personal touch to maximize its potential.
don't miss out on this exceptional investment opportunity!
Property Type
MultifamilySubdivision
East Detroit Development Cos No 1 (plats)County
WayneStyle
ColonialAD ID
48464834
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Property Details
-
Interior Features
Bathroom Information
- Total Baths: 2
- Full Baths: 2
Interior Features
- 100 Amp Service,Circuit Breakers
- Basement Description: Unfinished
Heating & Cooling
- Heating: Hot Water
- Heating Fuel: Natural Gas
-
Exterior Features
Building Information
- Year Built: 1925
- Building Stories: 2 Story
- Total Units: 2
- Foundation/Basement: Basement
- Architecture: Colonial
Exterior Features
- Construction: Brick
Utility Features
- Sewer: Public Sewer (Sewer-Sanitary)
Water
- Public (Municipal)
-
Property / Lot Details
Lot Information
- Lot Size: 0.12
- Dimensions: 44.00 x 114.00
Property Information
- SQ ft: 2706
- Subdivision: EAST DETROIT DEVELOPMENT COS NO 1 (PLATS)
- Financing: Cash,Conventional
-
Listing Information
Listing Price Information
- Original List Price: $199,000
Listing Information
- Possession: At Close
- Legal Description: E HAVERHILL 531 EAST DETROIT DEVELOPMENT COS SUB NO 1 L36 P19 PLATS, WCR 21/427 43.94 IRREG
-
Taxes / Assessments
Tax Information
- Annual Tax: $1,218
- Parcel Number: W21I069940S
Possession
- At Close
Legal Information
- Legal Description: Section: E HAVERHILL 531 EAST DETROIT DEVELOPMENT COS SUB NO 1 L36 P19 PLATS, WCR 21/427 43.94 IRREG
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Virtual Tour
Multi-Unit Information
- Presently Zoned: 1
- Road Frontage: Paved
Unit 3 Information
- # of Bedrooms: 2
-
School, Utilities & Location Details
Utility Information
- Water:Public (Municipal)
- Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 01/31/2025 @ 09:44
- MLS: 622688788
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Realcomp II Ltd
is a Multifamily, with 6 bedrooms which is for sale, it has 2,706 sqft, 0 sized lot, and On Street 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 48224, this Wayne County Multifamily , it is in the EAST DETROIT DEVELOPMENT COS NO 1 (PLATS) Subdivision, and are nearby neighborhoods.