Detroit, MI 48206,3239 CORTLAND Street

$38,000

Est. payment /mo

$49,900

23.8%
Est.Price: ?

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3239 CORTLAND Street Detroit, MI 48206

2 Beds

2 Baths

2,750 SqFt

SOLD DATE : 08/25/2023

Key Details

Sold Price $38,000

Property Type Multi-Family

Sub Type Upper/Lower Apartment

Listing Status Sold

Purchase Type For Sale

Square Footage 2,750 sqft

Price per Sqft $13

Subdivision Linwood Heights (Plats)

MLS Listing ID 20230040932

Style Upper/Lower Apartment

Bedrooms 2

Full Baths 2

Year Built 1925

Annual Tax Amount $1,629

Lot Size 4,356 Sqft

Property Description

**INVESTORS** This massive brick 2-family property is your chance to get into the up-n-coming Dexter-Linwood neighborhood for under 50K! The property features 2 units that each have a huge living room, dining room, 3 generous bedrooms, a full bathroom, a kitchen, and a breakfast nook, as well as a huge shared basement. The property does require a full rehab, but the hardwood floors are potentially salvageable and the structure of the property appears to be sound. With rents going for between $900-1,100/month per unit and comparable sales in the 180-200K range, there is plenty of opportunity for you to turn this into a cash-flow machine! The property is located on the first block east of Dexter, which has a streetscape renovation planned out and will begin construction in the near future, with plans to demolish blighted buildings, improve the streetscape, and encourage new businesses to move in!

Location

State MI

County Wayne

Area Det: Livernois-I75 6-Gd River

Zoning Residential

Interior

Hot Water Natural Gas

Heating Hot Water

Exterior

Roof Type Asphalt

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary), Sewer at Street

Water Public (Municipal), Water at Street

Structure Type Brick

Schools

School District Detroit

Others

Assessment Amount $340

Acceptable Financing Cash

Listing Terms Cash

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Realcomp MLS
Listed by Ryan E Kain of RE/MAX Leading Edge
Bought with Redfin Corporation
agent

Charles Laird

Broker Associate | License ID: 6502364516

+1(248) 431-0544

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