For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $83,000
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality Detroit City
Subdivision Moore Hodges & Warrens Sub
MLS Listing ID 24028968
Sold Date 10/15/24
Year Built 1915
Annual Tax Amount $1,598
Tax Year 2023
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 127' x 35'
Property Description
This 2 Family Flat is YOURS TO DESIGN from the inside and out, whichever way your heart desires. Welcome to 616 + 618 BELMONT STREET located just a hop skip and a jump from DOWNTOWN DETROIT which takes you just about 11 Minutes when driving. This properties potential has yet to be touched! With comparable property selling for upwards of $350K, THE ROI IS UNMATCHED. Ever heard of house hacking? With this property you can live in one unit, and rent out the other in no time with rental amounts for 3 bedroom units renting out for upwards of $1,300/MONTH you can live RENT FREE all while staying close to the latest happenings. Do not miss this opportunity before it is gone. Start building your portfolio today!**PURCHASER MUST ASSUME DLBA COMPLIANCE, BUY USING CASH, AND RECEIVE A QCD FOR TITLE**
Location
State MI
County Wayne
Area Wayne County - 100
Direction USE GPS
Rooms
Basement Full
Interior
Heating None
Cooling None
Fireplaces Number 1
Exterior
Utilities Available Natural Gas Connected, Electricity Connected, Water Available, Sewer Available
Waterfront No
View Y/N No
Roof Type Other
Total Parking Spaces 1
Building
Sewer Public Sewer
Structure Type Brick
New Construction No
Schools
School District Detroit
Others
Tax ID 03002708.
Acceptable Financing Cash
Listing Terms Cash
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
United Country Midwest Lifestyle Properties
michigancrm@midwestlifestyleproperties.com +1(888) 819-6344Our team is ready to help you sell your home for the highest possible price ASAP