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$149,900
Est. payment /mo
4 Baths
4,791 Sqft Lot
UPDATED:
10/15/2024 08:49 PM
Key Details
Property Type Multi-Family
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 20240070977
Originating Board Realcomp
Year Built 1916
Annual Tax Amount $1,152
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 35.00 x 133.00
Property Description
Fantastic 4-Unit Investment Opportunity in Detroit’s LaSalle Park CommunityLocated in the rapidly developing LaSalle Park neighborhood, this 4-unit multi-family property offers an exceptional opportunity for investors. Each unit features 2 spacious bedrooms, 1 bathroom, hardwood floors, and its own private balcony porch. While the property does require rehab to reach top rental potential, its location within Detroit’s North End Empowerment Zone makes it a prime investment.The area is flush with new developments, including modern condos and renovated multi-unit buildings, ensuring long-term growth and demand. With continued investment pouring into the neighborhood, this property is ideal for those looking to create a lucrative rental income or explore the possibilities of short-term rentals like Airbnb.Don’t miss out on this chance to own a piece of Detroit’s growing real estate market!Buyer to pay listing broker a $495 compliance fee
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Multi-Family,Multiple
Direction Rosa Parks South to StewardRt on Steward
Interior
Heating Forced Air
Exterior
Waterfront No
View Y/N No
Building
Sewer Public
Water Public
Structure Type Brick
Others
Tax ID W08I001916S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Amin Realty
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Joey Atkins
Owner / Managing Broker | License ID: RB17000834
Owner / Managing Broker License ID: RB17000834