Detroit, MI 48206,3025 TUXEDO Street

$62,000

Est. payment /mo

$69,900

11.3%
Est.Price: ?

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3025 TUXEDO Street Detroit, MI 48206

2 Beds

2 Baths

2,548 SqFt

SOLD DATE : 08/02/2022

Key Details

Sold Price $62,000

Property Type Multi-Family

Sub Type Upper/Lower Apartment

Listing Status Sold

Purchase Type For Sale

Square Footage 2,548 sqft

Price per Sqft $24

Subdivision Tuxedo Addition Sub (Plats)

MLS Listing ID 20221016980

Style Upper/Lower Apartment

Bedrooms 2

Full Baths 2

Year Built 1923

Annual Tax Amount $1,477

Lot Size 4,356 Sqft

Property Description

**INVESTORS** Make this MASSIVE 2-unit multi-family property your next income property! The property features 2 units, each with 3 large bedrooms and 1 bathroom. Both units have hardwood floors that are in solid condition, spacious kitchens, separate gas and electric utilities, and large living and dining rooms! The property also features a 2-car garage. Comparable sales in the area are in the 150-180K range for rehabbed properties, making this the perfect property for the BRRRR method! It is also just a block away from the Dexter corridor, which is slated to receive a facelift of the streetscape and has already seen millions of dollars in private investment! Finally, the property is located a short distance from the Russell Woods/Nardin Park Strategic Neighborhood Fund area, which is also generating significant investment in the surrounding area!

Location

State MI

County Wayne

Area Det: Livernois-I75 6-Gd River

Zoning Residential

Interior

Hot Water Natural Gas

Heating Forced Air

Exterior

Roof Type Asphalt

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal), Water at Street

Structure Type Brick

Schools

School District Detroit

Others

Assessment Amount $340

Acceptable Financing Cash, Warranty Deed

Listing Terms Cash, Warranty Deed

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Realcomp MLS
Listed by Ryan E Kain of RE/MAX Leading Edge
Bought with Synergy Realty Group
agent

Charles Laird

Broker Associate | License ID: 6502364516

+1(248) 431-0544

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