1531 W Warren Avenue Active

Detroit,MI 48208

$ 699000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality Detroit City

MLS Listing ID 24057122

Year Built 1911

Annual Tax Amount $20,067

Tax Year 2024

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 129 x 28

Property Description

Located on a beautiful tree-lined block in the highly sought-after Woodbridge neighborhood, this 4-unit property is a prime investment opportunity. Each unit features 1 bedroom and 1 bathroom, offering cozy living spaces perfect for tenants looking to be near the heart of Detroit. With its proximity to Wayne State University, Henry Ford Hospital, Detroit Medical Center, and vibrant local restaurants, shops, and parks, this property is a magnet for tenants.
Three of the four units are currently rented, generating a strong monthly income of over $4,000 when fully occupied. This property is ideal for investors seeking steady cash flow in a desirable area with high rental demand.
Don't miss this chance to own a multi-unit gem in one of Detroit's most thriving neighborhoods!

Location

State MI

County Wayne

Area Wayne County - 100

Direction South on Trumbull to W. Warren. Make a right on W. Warren.

Rooms

Basement Full

Interior

Heating Forced Air

Cooling None

Fireplaces Number 1

Exterior

Utilities Available Natural Gas Connected,Water Available

View Y/N No

Building

Sewer Public Sewer

Structure Type Brick

New Construction No

Schools

School District Detroit

Others

Tax ID 08006042.

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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