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$509,000
Est. payment /mo
7,405 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Active
Purchase Type For Sale
Municipality Detroit City
MLS Listing ID 25057887
Year Built 1911
Annual Tax Amount $20,241
Tax Year 2025
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 57 x 130
Property Sub-Type 2 to 4 Units
Source Michigan Regional Information Center (MichRIC)
Property Description
4-unit, 75% occupied, in highly desirable Woodbridge. All units are 1BR/1BA currently generating $3,065/month. Seller Financing Offers must be at least 20% down and a 2 year balloon payment. Located on a tree-lined street near Wayne State, Henry Ford Hospital, DMC, and downtown amenities. Strong rental demand in the area makes this a great opportunity for investors seeking consistent cash flow. Walkable to restaurants, shops, and parks. Turnkey property in a prime Detroit neighborhood.
Location
State MI
County Wayne
Area Wayne County - 100
Rooms
Basement Full
Interior
Heating Forced Air
Cooling None
Exterior
Utilities Available Natural Gas Connected
View Y/N No
Building
Structure Type Brick
New Construction No
Schools
School District Detroit
Others
Tax ID 08006042.
Acceptable Financing VA Loan, FHA, Cash, Conventional
Listing Terms VA Loan, FHA, Cash, Conventional
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Listed by Prep Realty
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