$138,500
$145,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
2951 Tuxedo Street Detroit, MI 48206
2 Beds
2.5 Baths
2,706 SqFt
Key Details
Sold Price $138,500
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,706 sqft
Price per Sqft $51
Subdivision Tuxedo Addition Sub (Plats)
MLS Listing ID 20240025945
Style Duplex
Bedrooms 2
Full Baths 2
Half Baths 1
Year Built 1924
Annual Tax Amount $921
Lot Size 4,356 Sqft
Property Description
Welcome to an exciting investment opportunity, perfect for both experienced and new investors. Located just a short distance from the famous Boston Edison neighborhood and the acclaimed Durfee Innovation Society, this property is situated in a flourishing community rich with resources and ongoing development. The recently renovated upper unit has the potential to bring in $1,200 per month, while the lower unit, already occupied by a long-term tenant of over 16 years(currently on a month-to-month lease), generates $750 monthly.
Bring all offers!
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Zoning Multi-Family
Interior
Hot Water Natural Gas
Heating Baseboard
Cooling Central Air
Exterior
Garage Spaces 2.0
Roof Type Asphalt
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick
Schools
School District Detroit
Others
Assessment Amount $340
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
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Bought with New Way Realty Partners