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2 Baths
1,856 SqFt
2 Baths
1,856 SqFt
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 1,856 sqft
Price per Sqft $11
Subdivision Maitlands Sub
MLS Listing ID 20261025043
Style Duplex
Full Baths 2
Year Built 1923
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type MultiFamily
Property Description
Multi-family property featuring two 2 bed / 1 bath units, each with a basement. Property is currently livable but in need of a full renovation throughout. Major updates required including siding, windows, roof, and mechanicals. No existing furnace or hot water tanks. Upstairs unit is currently tenant-occupied paying $300 monthly. Property has a total "projected" annual income of $24,000. Strong value-add opportunity for investor looking to reposition or fully rehab. Property being sold as-is.
Listing broker holds contractual equitable interest in the property and may receive consideration from the transaction. Closing will be conducted via contract assignment or double closing, with preference given to assignment. Seller to provide marketable title at closing. Title commitment available. Seller pays ALL: water bills owed, taxes owed, blight tickets or anything else. Buyer to pay closing costs, including transfer taxes, title insurance, closing fees. Sold AS IS - Buyer to verify all information listed.
Location
State MI
County Wayne
Area Area05052Det6Macki75Conner
Rooms
Basement Unfinished
Interior
Heating Forced Air, Natural Gas
Fireplace No
Laundry GasDryerHookup, WasherHookup
Exterior
Exterior Feature Lighting
Parking Features SharedDriveway, Unassigned
Fence Back Yard
Pool None
View Y/N No
Roof Type Asphalt
Garage false
Building
Foundation Basement, Poured
Sewer Public Sewer
Water Public
New Construction No
Schools
High Schools Detroit
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, Contract
Listing Terms Cash, Contract
Special Listing Condition ShortSaleNo, Standard
Pets Allowed Cats Ok, Dogs Ok
Nearby Locations
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