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Property Attributes
- MLS#24020988
- TypePending
- CountyWAYNE
- CityDetroit
- AreaDetroit City
- NeighborhoodDetroit City
- Zip48202
- Style2 to 4 Units
- Year Built1910
- Taxes$ 1348
- Price$ 499,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.13 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description
3/4 occupied. Nestled in Detroit's North End neighborhood, this fully leased quadplex is the perfect purchase for a savvy investor. Building received gut renovation in 2017. All 3 bed, 1 bath units have new plumbing, electrical, HVAC, Flooring, roofing, etc. Each unit has a dishwasher Washer dryer and storage in basement. Includes 2 gated off street parking. With a gross annual income of $58,080, this property is the perfect purchase for a savvy investor. Less than 10 minute drive to downtown Detroit, and a 5 minute drive to midtown, this investment opportunity is uniquely rare and one to take advantage of. Newly renovated quadplexes in the most desired neighborhoods in Detroit are moving quickly.
Price History | |
---|---|
5/1/2024 | Listed $499,000 |
General Features
Sewer | Public Sewer |
---|---|
Heating | Forced Air,Natural Gas |
Cooling | None |
Utilities | Public Water Available,Public Sewer Available,Natural Gas Available,Electric Available,Natural Gas Connected,Electric Connected |
Possession | Subject To Tenant Rights |
Roof | Other |
Construction Materials | Brick |
Year Built | 1910 |
Tenant Pays | Electric,Gas |
Township | Detroit City |
Property SubType | 2 to 4 Units |
Tax Year | 2023 |
OwnerPays | Water |
County | Wayne |
New Construction | No |
Property Type | Multi-Family |
Status | Pending |
Directions | Brush St and Westminster |
ModificationTimestamp | 2024-05-28T19:55:35Z |
City | Detroit |
Buyer Agent Compensation | 2.50 |
High School District | Detroit |
NumberOfUnitsTotal | 4 |
MLS Area | Wayne County - 100 |
Lot Size Units | Acres |
Lot Size Square Feet | 5663.0 |
Waterfront Y/N | No |
Listing Terms | Cash,Conventional |
Land Lease Y/N | No |
Tax Annual Amount | 1348.19 |
Lease Renewal Y/N | No |
MLS Area Minor | Wayne County - 100 |
Additional Parcels Y/N | No |
Rent Control Y/N | No |
Days on Market | 34 |
Standard Status | Pending |
Tax Assessed Value | 5435 |
MobileHomeRemainsYN | No |
Buyer Agent Compensation Type | % |
Legal Description | S WESTMINSTER W 50 FT OF E 70 FT 34 HOUGHS L12 P49 PLATS,W C R 3/117 50 X 115 EXCEPT THE N 10 FT TAKEN FOR ALLEY |
Senior Community | None |
Interior Features
Basement | Full |
---|---|
Total Fireplaces | 1 |
Basement (Y/N) | Yes |
Air Conditioning Y/N | No |
Heating Y/N | Yes |
BuyerOfficeEmail | [email protected] |
Laundry Features | Common Area,In Basement |
Electric On Property Y/N | No |
Exterior Features
Lot Features | Corner Lot |
---|---|
Total Parking | 0.0 |
Lot Size Area | 0.13 |
Number of Buildings | 1 |
Spa | No |
Lot Dimensions | 50 x 115 |
BuyerOfficeFax | 313-533-0340 |
Lot Size Acres | 0.13 |
Road Surface Type | Paved |
Crops Included Y/N | No |
Open Parking Y/N | No |
Horse Y/N | No |
Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool