$253,200
$259,900
2.6%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
2,121 SqFt
SOLD DATE : 11/22/2024
Key Details
Sold Price $253,200
Property Type Multi-Family
Sub Type Colonial
Listing Status Sold
Purchase Type For Sale
Square Footage 2,121 sqft
Price per Sqft $119
Subdivision Moore Hodges & Warrens Sub (Plats)
MLS Listing ID 20240077994
Sold Date 11/22/24
Style Colonial
Bedrooms 2
Full Baths 2
Year Built 1913
Annual Tax Amount $1,727
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 30.00 x 125.00
Property Sub-Type Colonial
Source Realcomp II Ltd
Property Description
Introducing an exceptional turnkey investment opportunity located in the North End neighborhood, just minutes from Hamtramck, Midtown, and Downtown. This fully renovated duplex, updated in 2019, offers a perfect blend of modern amenities and classic charm. Whether you're looking to live in one unit and rent out the other or fully lease both units for a steady stream of income, this property is primed for immediate financial returns.
Key Features:
Fully Renovated: New electric, windows, HVAC system, and roof—all installed in 2019. Both units boast modern kitchens and bathrooms, with gleaming hardwood floors throughout, offering durability and timeless appeal.
Long-Term Tenancy: The upstairs unit is occupied by reliable, long-term tenants who have called this place home for over three years, ensuring immediate and steady rental income.
Bonus Opportunity: Two adjacent side lots, owned by the Detroit Land Bank Authority (DLBA), are available as an additional purchase, offering endless possibilities for expansion, outdoor space, or further development.
Located in a rapidly appreciating neighborhood with close proximity to key city attractions, this duplex is an excellent choice for both new and seasoned investors. Take advantage of the property's move-in-ready condition and the potential for additional growth with the side lots. This is a rare chance to acquire a hassle-free, income-generating asset in one of Detroit's most sought-after areas. Don't miss out on this prime investment—schedule your viewing today!
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Zoning Multi-Family
Direction 75 N exit off Holbrook. Take Holbrook to Oakland, go North on Oakland Ave. Left on Belmont.
Rooms
Basement Unfinished
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central Air
Fireplace no
Heat Source Natural Gas
Exterior
Roof Type Asphalt
Road Frontage Paved
Garage no
Private Pool No
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Colonial
Level or Stories 2 Story
Structure Type Brick
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID W03I002741S
Ownership Broker/Agent Owned,Short Sale - No
Assessment Amount $340
Acceptable Financing Cash, Conventional, FHA, VA, Warranty Deed
Rebuilt Year 2019
Listing Terms Cash, Conventional, FHA, VA, Warranty Deed
Financing Cash,Conventional,FHA,VA,Warranty Deed
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Bought with Symmetry Property Management & Realty, Inc
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