$50,000
$59,900
16.5%For more information regarding the value of a property, please contact us for a free consultation.
5,663 Sqft Lot
SOLD DATE : 09/04/2024
Key Details
Sold Price $50,000
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Sold
Purchase Type For Sale
Municipality Detroit City
MLS Listing ID 24021772
Sold Date 09/04/24
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1929
Annual Tax Amount $2,500
Tax Year 2023
Lot Size 5,663 Sqft
Acres 0.13
Lot Dimensions Depth 94.0 sq ft
Property Description
CHECK OUT THIS TOUR: https://youtu.be/6tjTBNe6neI?si=Psi5_9LWknMgT9B_
Previous Offer didn't go through d/t buyer side. Accepting serious offers only, Non refundable EMD of $5,000 must be in offer.
This beautiful solid structure has been standing 1929. While it hasn't had tenants recently, tenants were in 9 units previously but has 10 units in total. 6 in the front part and 4 in the back. Each unit is 1 bed/1 bth and has two entrances in each unit. There is a courtyard in vacant lots adjacent to property. Those lots could be purchased for parking or other ideas to add value to this building's future residents.
This is a full rehab project but would be a great buy & hold property for investors. Ideal for government funded housing such as for veterans. Just 10 minutes within downtow
Location
State MI
County Wayne
Area Wayne County - 100
Direction East of Gratiot, North of 94. Harper and Conner area.
Rooms
Basement Full
Interior
Heating Forced Air
Cooling None
Fireplaces Number 1
Exterior
Utilities Available Water Available, Sewer Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Storm Sewer, Broadband
Waterfront No
View Y/N No
Building
Lot Description Corner Lot
Sewer Public Sewer
Structure Type Brick
New Construction No
Schools
School District East Detroit
Others
Tax ID 21005533.
Acceptable Financing Cash
Listing Terms Cash
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