Detroit, MI 48213,5566 LAKEWOOD Street

$110,000

$118,000

6.8%
Est.Price: ?

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Est. payment /mo

2 Beds

2 Baths

2,486 SqFt


SOLD DATE : 07/24/2023

Key Details

Sold Price $110,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,486 sqft

Price per Sqft $44

Subdivision Werner'S Park Sub

MLS Listing ID 20230026147

Sold Date 07/24/23

Style Duplex

Bedrooms 2

Full Baths 2

Originating Board Realcomp II Ltd

Year Built 1925

Annual Tax Amount $24

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 40.00 x 108.00

Property Sub-Type Duplex

Property Description

Amazing investment opportunity! This duplex is an instant cashflow opportunity. Property includes two 3BR/1BA units, both TENANT OCCUPIED at $800/mo ($1600/mo total income). Professionally managed rental. Property being sold as is. All dimensions are estimated and should be verified. Pictures of inside of home from before tenants moved in. **Showings only with accepted offer. Both units are tenant occupied, please respect their privacy. ***Can be purchased as part of a package deal with two other tenant occupied single family homes in Detroit (see MLS# 20230026770 , 20230026687). Seller prefers to sell all three properties together, but will listen to all offers.

Location

State MI

County Wayne

Area Det Con-Mors/Grat. Hstn/7 Mack

Zoning Multi-Family

Direction S of Chandler Park / W of Chalmers

Rooms

Basement Unfinished, Common

Interior

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Garage Spaces 1.0

Road Frontage Paved

Garage yes

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Duplex

Level or Stories 2 Story

Structure Type Brick

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID W21I054701S

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Realcomp MLS
Listed by Bailee Clanton of Home Source Realty LLC
Bought with Oak and Stone Real Estate
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nicole@turfnsurfhomes.com

219 Hamilton, Birmingham, MI, 48009, United States

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