7069 Elmhurst Street

Detroit, Michigan 48204

  • 8 Bed(s)
  • 4 Bath(s)
  • 3,416 Sqft
  • 0.12
    Acre(Lot)
$40,000

Description

Located in a rapidly growing neighborhood, this 4-unit multi-family property offers an incredible potential investment opportunity. each of the four spacious units features 2 bedrooms, providing ample living space. with over 3,400 square feet, this property boasts plenty of room for both residents and potential for higher rental income as the area continues to develop. this property offers a fantastic opportunity to own a piece of a growing community while benefiting from a strong rental market. don’t miss out on the chance to add this promising asset to your portfolio! the please note that the detroit land bank authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. the tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. dlba will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. the payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

  • Property Type

    Multifamily

  • Subdivision

    Ponchartrain Heights Sub (plats)

  • County

    Wayne

  • Style

    Colonial

  • AD ID

    48000976

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Property Details

  • Bathroom Information

    • Total Baths: 4
    • Full Baths: 4

    Interior Features

    • Basement Description: Unfinished

    Heating & Cooling

    • Heating: Forced Air
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1926
    • Building Stories: 2 Story
    • Total Units: 4
    • Foundation/Basement: Basement
    • Architecture: Colonial

    Exterior Features

    • Construction: Brick

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary)

    Water

    • Public (Municipal)

  • Lot Information

    • Lot Size: 0.12
    • Dimensions: 40.00 x 129.00

    Property Information

    • SQ ft: 3416
    • Subdivision: PONCHARTRAIN HEIGHTS SUB (PLATS)
    • Financing: Cash

  • Listing Price Information

    • Original List Price: $40,000

    Listing Information

    • Possession: At Close
    • Legal Description: S ELMHURST 136 PONTCHARTRAIN HEIGHTS SUB L34 P50 PLATS, W C R 16/224 40 X 128.56

  • Tax Information

    • Annual Tax: $43
    • Parcel Number: W16I005723S

    Possession

    • At Close

    Legal Information

    • Legal Description: Section: S ELMHURST 136 PONTCHARTRAIN HEIGHTS SUB L34 P50 PLATS, W C R 16/224 40 X 128.56

  • Parking Information

    • Parking: 8
    • Has Garage: Yes

    Multi-Unit Information

    • Road Frontage: Paved

    Unit 2 Information

    • # of Bedrooms: 4

  • 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: 621510648
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 8 bedrooms which is for sale, it has 3,416 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 48204, this Wayne County Multifamily , it is in the PONCHARTRAIN HEIGHTS SUB (PLATS) Subdivision, and are nearby neighborhoods.