0 photos
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Full / Half Baths4,214
Square Feet
This multifamily property, in the Art Center neighborhood of Midtown, is a prime investment opportunity for the savvy house hacker or investor. The home features two spacious units, offering an incredible income potential, plus value add opportunity upgrading the massive attic to a third floor apartment. Those wanting to occupy one of the flats as their primary residence can cut their housing payment in half with the incoming rent. New lending guidelines require only 5% down! Each unit comes complete with a suite of modern appliances, including a refrigerator, range, dishwasher, microwave, washer, and dryer. The upper unit, currently occupied, boasts three bedrooms and two baths, plus central air, providing comfortable and attractive living space. The lower unit, currently vacant, has three bedrooms and one bath, plus a private basement, rec room with 1/2 bath. Shared yard and laundry room. Large two car garage currently rented to second floor tenants. Situated in a strategic location, this property is just moments away from Wayne State University, two major medical system complexes, three freeways, and a short walk to bustling Woodward Avenue, city bus and Q-Line light rail. With its outstanding rental history, central location, and strong potential for appreciation, this investment opportunity is not to be missed for those looking to capitalize on Detroit's dynamic real estate market.
Type
- Multi Family
City/Township
- Detroit
Year Built
- 1920
MLS#
- 20240023010
Lot Size
- 0.13 Acres
Style
- Duplex
Est. Finished Above Ground
- 2,914 sq ft
Air Conditioning
- Central Air
Special Features
-
High Spd Internet Avail, Laundry Facility, Other
Basement
- Partially Finished, Private
Outside Features
- Lighting, Private Entry
Road Type
- Paved
Listed By
- Berkshire Hathaway Homeservices The Loft Warehouse
County
- Wayne
Schools
District
- Detroit
Taxes
Taxes
- $2,797
MLS Number | New Status | Previous Status | Activity Date | New List Price | Previous List Price | Sold Price | DOM |
---|---|---|---|---|---|---|---|
20240023010 | Active | Apr 12 2024 4:10PM | $575,000 | 38 | |||
20230091063 | Expired | Active | Dec 30 2023 4:58AM | 64 | |||
20230091063 | Active | Oct 27 2023 5:05AM | $595,000 | 64 |