$149,900
$149,900
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1975 SEWARD Street Detroit, MI 48206
4 Beds
4 Baths
3,250 SqFt
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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Bought with Clyde Realty, LLC