$ 699,000
1531 W Warren Avenue Detroit, MI 48208
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$ 699,000
Est. payment | /mo
7,405 Sqft Lot
$ 699,000
Est. payment | /mo
7,405 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Active
Purchase Type For Sale
Municipality Detroit City
MLS Listing ID 24057122
Year Built 1911
Annual Tax Amount $20,067
Tax Year 2024
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 129 x 28
Property Description
Located on a beautiful tree-lined block in the highly sought-after Woodbridge neighborhood, this 4-unit property is a prime investment opportunity. Each unit features 1 bedroom and 1 bathroom, offering cozy living spaces perfect for tenants looking to be near the heart of Detroit. With its proximity to Wayne State University, Henry Ford Hospital, Detroit Medical Center, and vibrant local restaurants, shops, and parks, this property is a magnet for tenants.
Three of the four units are currently rented, generating a strong monthly income of over $4,000 when fully occupied. This property is ideal for investors seeking steady cash flow in a desirable area with high rental demand.
Don't miss this chance to own a multi-unit gem in one of Detroit's most thriving neighborhoods!
Three of the four units are currently rented, generating a strong monthly income of over $4,000 when fully occupied. This property is ideal for investors seeking steady cash flow in a desirable area with high rental demand.
Don't miss this chance to own a multi-unit gem in one of Detroit's most thriving neighborhoods!
Location
State MI
County Wayne
Area Wayne County - 100
Direction South on Trumbull to W. Warren. Make a right on W. Warren.
Rooms
Basement Full
Interior
Heating Forced Air
Cooling None
Fireplaces Number 1
Exterior
Utilities Available Natural Gas Connected, Water Available
Waterfront No
View Y/N No
Building
Sewer Public Sewer
Structure Type Brick
New Construction No
Schools
School District Detroit
Others
Tax ID 08006042.
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Prep Realty