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Cheryl Bouman Zablow

[email protected] +1(269) 557-0932

$ 350,000

Est. payment | -/mo

5 Baths

3,920 Sqft Lot

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$ 350,000

Est. payment | -/mo

Save Virtual Tour

5 Baths

3,920 Sqft Lot

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20261076943

HOA Y/N true

Year Built 1928

Annual Tax Amount $8,839

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 38.00 x 100.00

Source Realcomp

Property Description

A compelling income-producing opportunity in Detroit's University District, offering extensive renovations, established rental income, and additional value-add potential. Currently occupied, the property features two beautifully renovated primary units, each with an open layout, refinished original hardwood floors, solid wood cabinetry, updated bathrooms including an ensuite bath, and dedicated in-unit laundry hookups. Major improvements include new electrical, plumbing, HVAC, water heaters, windows, and roof. The upper residence also extends to a bonus third-floor en-suite with luxurious bathroom. The lower level has been framed and drywalled with a completed bathroom and separate laundry area, providing an opportunity to further maximize the property. Ideally positioned near the University of Detroit Mercy, Marygrove, Livernois Avenue of Fashion, restaurants, shopping, and continued redevelopment along McNichols. An excellent opportunity to acquire a substantially renovated property with rental income already in place and additional upside. One unit is currently leased at $1,700/month through May 31, while the second is leased at $1,800/month on a month-to-month basis.

Location

State MI

County Wayne

Zoning Residential

Direction North Of McNichols East Of Livernois

Interior

Heating Forced Air

Cooling Central Air

Exterior

Amenities Available Pets Allowed

View Y/N No

Building

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W02I003977S

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://iframe.videodelivery.net/101e029c9682f29ec837fdad3a2ad3ec

Listed by @properties Christie's Int'l R.E. Birmingham

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(269) 557-0932

[email protected]

250 Monroe NW Suite 400, Grand Rapids, MI 49503

17342 Warrington Drive Detroit, MI 48221

Cheryl Bouman Zablow

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

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17342 Warrington Drive