5,227 Sqft Lot
5,227 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Active
Purchase Type For Sale
Municipality Detroit City
Subdivision Ponchartrain Heights Sub
MLS Listing ID 24034694
Year Built 1926
Annual Tax Amount $43
Tax Year 2023
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 40 x 129 x 40 x 129
Property Description
Key Features:
Location: Situated in a good suburb of Detroit, providing a prime location for tenants seeking suburban living with easy access to the city's amenities.
Income-Producing: This multifamily property is designed to generate consistent rental income, making it an ideal addition to your investment portfolio.
Affordable Pricing: Priced at a low cost, this property offers significant value and potential for appreciation.
Land Bank Terms: Subject to land bank terms, providing a unique investment opportunity with potential incentives and benefits.
Location
State MI
County Wayne
Area Wayne County - 100
Direction Head south on Jeffries Fwy toward Elmhurst St. Turn left onto Elmhurst St. Your destination will be on the right.
Rooms
Basement Crawl Space
Interior
Heating Forced Air
Fireplaces Number 1
Exterior
Utilities Available Electricity Available, Natural Gas Connected, Electricity Connected
Waterfront No
View Y/N No
Total Parking Spaces 3
Building
Sewer Public Sewer
Structure Type Brick
New Construction No
Schools
Elementary Schools Durfee Elementary-Middle School
Middle Schools Central Collegiate Academy
High Schools Central Collegiate Academy
School District Detroit
Others
Tax ID 16005723.
Acceptable Financing VA Loan, Cash, Conventional
Listing Terms VA Loan, Cash, Conventional