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$550,000
Est. payment /mo
4 Baths
4,936 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,936 sqft
Price per Sqft $111
Subdivision Mi
MLS Listing ID 60382680
Style 2 Story
Full Baths 4
Year Built 1914
Annual Tax Amount $2,558
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 40.00 x 125.00
Property Sub-Type Multi-Family
Property Description
Welcome to 10221 Brush street in Detroit's Vibrant North End. This multifamily townhouse has 4 individual units, each with 3 bedrooms, 1 bath, a full basement, and a front and back private porch. This value add duplex already surpasses the 1% rule with room for additional income. Steps away from Detroit's most prestigious Boston Blvd, and centrally located next to Hamtramck and a quick walk to Detroit's Q-line to be in Midtown or Downtown in minutes. This unit has been fully restored in the last year with a new roof, new HVAC, plumbing, mechanicals, and kitchens. The two center units are currently occupied on a long term lease. The south end tenant is a month to month airbnb lessor and the north unit remains unoccupied for a potential owner occupant to house hack with as little as $17,000 down or 3% to purchase. a great option for someone to collect rent at their own home, or a great option for an investor to park money, cash flow now, and enjoy the added appreciation. A value add opportunity exists with the side south lot that comes with the property. Turn this into private and secured off street parking and give your tenants that piece of mind that few other rentals can offer.
Location
State MI
County Wayne
Area Detroit (82001)
Interior
Heating Forced Air
Cooling Central A/C
Fireplace No
Exterior
Exterior Feature Brick
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Assessment Amount $250
Energy Description Natural Gas
Financing Cash,Conventional,FHA
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Listed by RE/MAX First