7225 SENATOR Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48209
Key Details
Property Type Multi-Family
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,210 sqft
Price per Sqft $82
Subdivision Ferndale Ave Sub (Plats)
MLS Listing ID 20240074526
Style Townhouse
Bedrooms 2
Full Baths 2
Year Built 1919
Annual Tax Amount $1,421
Lot Size 3,049 Sqft
Property Description
This updated multi-family property offers excellent potential for steady returns. Featuring two spacious 1-bedroom, 1-bath units, both have been well-maintained and are ready for new ownership. Each unit is equipped with brand-new carpet, updated cabinetry, and a newer roof, making it a turnkey investment.
The upper unit includes a private balcony, providing outdoor space for relaxation, while the shared basement offers additional storage or laundry space. With each unit renting for $950/month, this property delivers solid rental income and has the potential for future appreciation.
Located in Southwest Detroit, this property is just 15 minutes from downtown and offers easy access to I-75, making it a convenient location for tenants. Whether you're an experienced investor or looking for your next project, this property is a great opportunity to add to your portfolio. Don't miss out—schedule your viewing today!
The highest and best offer deadline is 10/14/24 at 6 PM
Location
State MI
County Wayne
Area Det South Of Grand River
Zoning Multi-Family,Residential
Interior
Heating Forced Air
Exterior
Garage Spaces 1.0
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Vinyl
Schools
School District Detroit
Others
Assessment Amount $240
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional