$170,000
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4357 W Philadelphia Street Detroit, MI 48204
2.5 Baths
2,458 SqFt
Key Details
Property Type Multi-Family
Sub Type Colonial
Listing Status Sold
Purchase Type For Sale
Square Footage 2,458 sqft
Price per Sqft $69
Subdivision Stormfeltz-Lovely Co Sub
MLS Listing ID 58050153956
Style Colonial
Full Baths 2
Half Baths 1
Year Built 1916
Annual Tax Amount $2,129
Lot Size 3,484 Sqft
Property Sub-Type Colonial
Property Description
Incredible opportunity on this completely renovated and remodeled 2-unit duplex with an amazing 12% cap rate (based on rents of 1,200 per unit and current taxes). These units are ready for immediate occupancy! Both units have separate entrances & utilities, 3 bedrooms and one full bath. Each unit has access to the basement through the rear stairwell. Large expansion attic for storage space. All electrical, furnaces, hot water tanks, plumbing & stainless-steel appliances are all new! Perfect for owner occupant as well, rent one unit and pay your mortgage.
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Interior
Hot Water Natural Gas
Heating Forced Air, Separate Meters
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick
Schools
School District Detroit
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
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Juan Alcala
juanalcalabroker@chime.meOur team is ready to help you sell your home for the highest possible price ASAP
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Bought with Got Key'D Realty
Juan Alcala
Team Lead