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$349000   Price Analysis
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7005 Eaton St
Detroit, MI 48238
8 bed 8 bath 2200 SqFt ($158/SqFt)
3920SqFt lot. Built 1936
Listed 2024-04-18
Ⓧ USDA Ineligible
due to location

near Detroit

Introducing an incredible investment opportunity on Detroit's vibrant West side!

* Sale Pending *

This apartment building, comprising of 8 separate units across two addresses, presents an exciting prospect for savvy investors. With it's prime loc ation offering easy access to expressways, a short drive to Downtown Detroit and many amenities nearby, this property holds immense potential.

Currently in need of extensive renovation, this building is a blank canvas awaiting transformation with the promise of significant returns. Don't miss out on this opportunity to breath new life into a piece of Detroit's history and reap the rewards for years to come. Ths sale includes addresses 7005 and 7015.


Presented by Kathlene Desmone at
Rondo Investment Llc.


Property MLS #20240025151 from Realcomp

Bedrooms: 8

Total Bathrooms: 8.00
Full Bathrooms: 8

Heating Features: Forced Air
Heating Fuel: Natural Gas

Basement Description: Unfinished, Common

Frontage Length: 34
Road Frontage Type: Paved

Lot Size Acres: 0.09
Lot Size Dimensions: 34.00 x 112.00
Lot Size Square Feet: 3920

Gross Scheduled Income: 115200.00
Rent Includes: Trash Collection (Garbage Pickup), Water

Number of Units: 8
Number of 1 Bedroom Units: 8

School District: Detroit

Mary Mcleod Bethune Elementary-Middle School is a public elementary and middle school located approximately 0.9 miles away.
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Mumford High School is a public high school located approximately 2 miles away.
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Muhammad University Islam is a private elementary, middle and high school located approximately 0.9 miles away.
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Pets Allowed: No

ActivationDate : 2024-04-18
Annual Tax Amount: 182
Source Listing Status: Pending
County: Wayne
Directions: West on Eaton from Livernois.
Source Property Type: Multifamily
Area: Det 6-Tire - Grnfld - Livernois
Source Neighborhood: OAKMANS ROBT TULLER AVE (PLATS)
Ownership Type: Short Sale - No, Private Owned
Parcel Number: W16I019599S002L
Postal Code Plus 4: 2054
Subdivision: OAKMANS ROBT TULLER AVE (PLATS)
Zoning: Multi-Family
Source System Name: C2C

Listed 2024-04-18
$349000
Realcomp

Total Square Feet Living: 2200
Year Built: 1936
Construction Materials: Brick
Foundation Details: Basement
Property Age: 88
Levels or Stories: 2 Story
House Style: 2 Story
Total Area Sqft: 2200
Architectural Style: Common Entry Building

Sewer: Public Sewer (Sewer-Sanitary)
Water Source: Public (Municipal)
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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.