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$39,900
Est. payment /mo
2 Baths
3,049 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Coming Soon
Purchase Type For Sale
MLS Listing ID 20261079208
Year Built 1925
Annual Tax Amount $902
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 30X104
Source Realcomp
Property Description
Location, Location, Location! Located on the border of Dearborn , MI and only minutes from Downtown Detroit, this home is priced to offer great built in equity for the savvy investor or handy man. This is an awesome investment setup to offer generational wealth! It has been setup as 2 unit investment property, however, it can be easily converted to a 1 family home. With the necessary updates, this sturdy property offers immediate equity based on 3 bedroom 2 bath comps projected around 3.5 times the purchase price. The first floor unit is very spacious with 2 bedrooms and setup for a bathroom and kitchen. The second floor unit has 1 spacious bedroom and is setup for another full kitchen and bathroom. This is a potential 2 income property and has awesome longstanding neighbors with an extra lot on the side of the property. Approximately 1.5 miles from the Jeffries expressway and super close proximity to downtown and the Grand BLVD business and medical districts. Other benefits: the city plans to expand the footprint of the downtown walking path to this nearby area. The property is sold AS IS and requires BATVAI.
Location
State MI
County Wayne
Zoning Residential
Direction West of Livernois, and north of Tireman
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W16I022473S
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition {"REO/Bank Owned":true}
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Listed by Keller Williams Advantage
NEARBY SCHOOL & BUSINESS
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