$70,000 Price Analysis    ♡   Detroit, MI 48213 4 bed 4 bath 2,796 SqFt ($25/SqFt) 4,356SqFt lot. Built 1929 Listed 2024-02-01, Taxes $971 | Ⓧ USDA Ineligible due to location near Detroit |
This is an impressive investment opportunity locted in the Chandler-Park Chalmers neighborhood of Detroit.
* Has Contingent Offer *The home boasts 4 units; each 1 bedroom/ 1 bathroom. All units are vacant; allowing for new owner to add their own touches and TLC.
Each unit has the potential to rent for around $700/month. There are 2 hot water tanks that are currently rem oved but would be replaced upon sale.
Presented by Joseph Hammel at
Keller Williams Somerset.
Property MLS #20240005537 from Realcomp
Bedrooms: 4
Total Bathrooms: 4 / 0
Full Bathrooms: 4
Full Bathrooms: 4
Heating Features: Hot Water
Heating Fuel: Natural Gas
Heating Fuel: Natural Gas
Basement Description: Unfinished
Road Frontage Type: Paved
Lot Size Acres: 0.1
Lot Size Dimensions: 40.00 x 106.00
Lot Size Square Feet: 4356
Lot Size Dimensions: 40.00 x 106.00
Lot Size Square Feet: 4356
Parking Features: 2
Gross Scheduled Income: 31200.00
Number of Units: 4
Number of 1 Bedroom Units: 4
Number of 1 Bedroom Units: 4
School District: Detroit
East English Village Preparatory Academy is a public high school located approximately 2.2 miles away.
Map directions
Map directionsCarstens Elementary-Middle School is a public elementary and middle school located approximately 2.3 miles away.
Map directions
Map directionsWolverine Center is a private elementary, middle and high school located approximately 1.1 miles away.
Map directions
Map directionsPets Allowed: No
ActivationDate : 2024-02-01
Annual Tax Amount: 1481
Source Listing Status: Accepting Backup Offers
County: Wayne
Directions: N of East Warren/E of Dickerson
Source Property Type: Multifamily
Area: Det Con-Mors/Grat. Hstn/7 Mack
Source Neighborhood: JEFFERSON PARK LAND CO LTD NO 1 (PLATS)
Ownership Type: Short Sale - No, Private Owned
Parcel Number: W21I049954S
Postal Code Plus 4: 3517
Subdivision: JEFFERSON PARK LAND CO LTD NO 1 (PLATS)
Zoning: Multi-Family
Source System Name: C2C
Annual Tax Amount: 1481
Source Listing Status: Accepting Backup Offers
County: Wayne
Directions: N of East Warren/E of Dickerson
Source Property Type: Multifamily
Area: Det Con-Mors/Grat. Hstn/7 Mack
Source Neighborhood: JEFFERSON PARK LAND CO LTD NO 1 (PLATS)
Ownership Type: Short Sale - No, Private Owned
Parcel Number: W21I049954S
Postal Code Plus 4: 3517
Subdivision: JEFFERSON PARK LAND CO LTD NO 1 (PLATS)
Zoning: Multi-Family
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $13,100 | $971 |
| 2021 | $unknown + $unknown $8,100 | $947 |
| 2020 | $unknown + $unknown $8,800 | $805 |
| 2019 | $unknown + $unknown $7,900 | $795 |
| 2018 | $unknown + $unknown $7,900 | $879 |
| 2017 | $unknown + $unknown $7,900 | $889 |
| 2016 | $unknown + $unknown $16,100 | $1,479 |
| 2015 | $unknown + $unknown $16,900 | $1,827 |
| 2014 | $unknown + $unknown $761 | $406 |
| 2013 | $unknown + $unknown $19,767 | $1,763 |
| 2012 | $unknown + $unknown $22,721 | $1,715 |
| 2011 | $unknown + $unknown $15,624 | $2,409 |
| 2010 | $unknown + $unknown $28,981 | $2,813 |
| 2009 | $unknown + $unknown $32,933 | $3,651 |
| 2008 | $unknown + $unknown $38,073 | $3,266 |
| 2007 | $unknown + $unknown $38,073 | $3,246 |
Sold 2024-05-17
$60,000
Public Record
Price Changed 2024-03-25
$70,000
Realcomp
Price Changed 2024-02-27
$80,000
Realcomp
Price Changed 2024-02-13
$89,000
Realcomp
Listed 2024-02-01
$99,900
Realcomp
Listing removed 2023-07-11
$0
AppfolioUnits
Listed for rent 2023-06-14
$695
AppfolioUnits
Sold 2022-02-28
$230,000
Realcomp
Price Changed 2022-02-17
$225,000
Realcomp
Price Changed 2022-02-10
$230,000
Realcomp
Listed 2022-01-28
$227,500
Realcomp
Sold 2020-12-23
$30,000
Realcomp
Sold 2003-04-15
$70,000
Public Record
Sold 1999-03-04
$36,223
Public Record
$60,000
Public Record
Price Changed 2024-03-25
$70,000
Realcomp
Price Changed 2024-02-27
$80,000
Realcomp
Price Changed 2024-02-13
$89,000
Realcomp
Listed 2024-02-01
$99,900
Realcomp
Listing removed 2023-07-11
$0
AppfolioUnits
Listed for rent 2023-06-14
$695
AppfolioUnits
Sold 2022-02-28
$230,000
Realcomp
Price Changed 2022-02-17
$225,000
Realcomp
Price Changed 2022-02-10
$230,000
Realcomp
Listed 2022-01-28
$227,500
Realcomp
Sold 2020-12-23
$30,000
Realcomp
Sold 2003-04-15
$70,000
Public Record
Sold 1999-03-04
$36,223
Public Record
Total Square Feet Living: 2796
Year Built: 1929
Construction Materials: Brick
Foundation Details: Basement
Property Age: 95
Total Below Grade Area: 1392
Year Built: 1929
Construction Materials: Brick
Foundation Details: Basement
Property Age: 95
Total Below Grade Area: 1392
Sewer: Public Sewer (Sewer-Sanitary)
Water Source: Water at Street
Water Source: Water at Street
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.