Detroit, MI 48206,1975 SEWARD Street

$149,900

Est. payment /mo

$149,900

Est.Price: ?

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1975 SEWARD Street Detroit, MI 48206

4 Beds

4 Baths

3,250 SqFt

SOLD DATE : 11/22/2024

Key Details

Sold Price $149,900

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,250 sqft

Price per Sqft $46

Subdivision Mc Gregors (Plats)

MLS Listing ID 20240070977

Style Quadruplex

Bedrooms 4

Full Baths 4

Year Built 1916

Annual Tax Amount $1,152

Lot Size 4,791 Sqft

Property Description

Fantastic 4-Unit Investment Opportunity in Detroit's LaSalle Park Community

Located in the rapidly developing LaSalle Park neighborhood, this 4-unit multi-family property offers an exceptional opportunity for investors. Each unit features 2 spacious bedrooms, 1 bathroom, hardwood floors, and its own private balcony porch. While the property does require rehab to reach top rental potential, its location within Detroit's North End Empowerment Zone makes it a prime investment.

The area is flush with new developments, including modern condos and renovated multi-unit buildings, ensuring long-term growth and demand. With continued investment pouring into the neighborhood, this property is ideal for those looking to create a lucrative rental income or explore the possibilities of short-term rentals like Airbnb.

Don't miss out on this chance to own a piece of Detroit's growing real estate market!

Buyer to pay listing broker a $495 compliance fee

Location

State MI

County Wayne

Area Det: Livernois-I75 6-Gd River

Zoning Multi-Family,Multiple

Interior

Hot Water Natural Gas

Heating Forced Air

Exterior

Garage Spaces 10.0

Roof Type Asphalt

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Brick

Schools

School District Detroit

Others

Assessment Amount $240

Acceptable Financing Cash, Conventional, Warranty Deed

Listing Terms Cash, Conventional, Warranty Deed

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Realcomp MLS
Listed by Erick Howard of Amin Realty
Bought with Clyde Realty, LLC
agent

Charles Laird

Broker Associate | License ID: 6502364516

+1(248) 431-0544

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