$62,000
$69,900
11.3%For more information regarding the value of a property, please contact us for a free consultation.
3025 TUXEDO Street Detroit, MI 48206
2 Beds
2 Baths
2,548 SqFt
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
Read Less
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Bought with Synergy Realty Group