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Key Details
Sold Price $195,000
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality Detroit City
MLS Listing ID 24010735
Sold Date 05/06/24
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1923
Annual Tax Amount $2,308
Tax Year 2023
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 133x40
Property Description
Welcome to your new investment opportunity in the charming neighborhood of LaSalle Gardens in Detroit! This renovated multi-family home offers the best of both worlds: a place to call home and a smart investment opportunity.
When you come inside you will notice right away, the new modern finishes and updates throughout. With each unit totally renovated and holding its certificate of occupancy, you can purchase knowing that your investment is in top-notch condition.
Located in a prime location, this two-unit home has a total of six bedrooms and two baths, with each unit featuring three bedrooms and one bath. The shared basement space provides ample storage for both units, shared laundry facilities, and side door access making entry into the home from the parking so easy. All this, adding to the convenience and functionality of the property.
Outside, you'll find a large fenced-in backyard, plenty of driveway space for off-street parking, and a huge front porch, great for relaxing and getting to know your neighbors
Currently, both units are occupied with reliable tenants, providing immediate rental income for savvy investors. However, if you're looking to live in one unit while generating income from the other, this property offers the perfect opportunity to do just that.
Investing in Detroit has never been more promising, and this property exemplifies the strength and potential of the market. Whether you're seeking a steady stream of rental income or looking to establish roots in the community, this multi-family home in LaSalle Gardens offers a great investment opportunity.
Don't miss out on your chance to own a piece of Detroit's thriving real estate market. Schedule your showing today. All this, adding to the convenience and functionality of the property.
Outside, you'll find a large fenced-in backyard, plenty of driveway space for off-street parking, and a huge front porch, great for relaxing and getting to know your neighbors
Currently, both units are occupied with reliable tenants, providing immediate rental income for savvy investors. However, if you're looking to live in one unit while generating income from the other, this property offers the perfect opportunity to do just that.
Investing in Detroit has never been more promising, and this property exemplifies the strength and potential of the market. Whether you're seeking a steady stream of rental income or looking to establish roots in the community, this multi-family home in LaSalle Gardens offers a great investment opportunity.
Don't miss out on your chance to own a piece of Detroit's thriving real estate market. Schedule your showing today.
Location
State MI
County Wayne
Area Wayne County - 100
Direction Take Linwood south to W. Euclid. Make a left on Euclid. The home is on the south side of the street.
Rooms
Basement Full
Interior
Heating Forced Air, Natural Gas
Cooling Window Unit(s)
Fireplaces Number 1
Laundry In Basement
Exterior
Garage Concrete, Driveway, Paved
Utilities Available Public Water Available, Public Sewer Available, Cable Available, Broadband Available, Natural Gas Connected, Electric Connected
Waterfront No
View Y/N No
Roof Type Other
Parking Type Concrete, Driveway, Paved
Total Parking Spaces 4
Building
Lot Description Sidewalk
Sewer Public Sewer
Structure Type Brick
New Construction No
Schools
School District Detroit
Others
Tax ID 10001673.
Acceptable Financing VA Loan, FHA, Cash, Conventional
Listing Terms VA Loan, FHA, Cash, Conventional
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United Country Midwest Lifestyle Properties
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