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$88,000
Est. payment /mo
3 Baths
2,804 SqFt
UPDATED:
01/08/2025 10:16 PM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,804 sqft
Price per Sqft $31
Subdivision Mi
MLS Listing ID 60357886
Full Baths 2
Half Baths 1
Year Built 1900
Annual Tax Amount $815
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 40.00 x 108.00
Property Description
Built in 1900, this charming historic duplex features two 3 bedroom units. Each unit features hardwood floors throughout, 1 full bath, separate basements and attics. Here’s your chance to invest in a prime location within Detroit’s vibrant Eastern Market and Heidelberg Project Artist Community. This property offers loads of potential to create housing that supports the city’s dynamic arts and culture scene. Situated in the McDougall-Hunt neighborhood, an up-and-coming destination for young professionals and creatives, this property is ready for transformation. This property has good bones, but in need of a rehab, providing the perfect canvas for a savvy investor or developer to add their own creative vision. Whether you’re looking to create unique, artist-inspired living spaces or modern residences for the growing community, this property offers endless possibilities. Don’t miss out on the opportunity to be part of the revitalization of one of Detroit’s most exciting and fast-evolving neighborhoods. Attention Investors: AVR, AFTER REHAB VALUE 300k+. This property is eligible for a renovation loan and/or Neighborhood Edge down payment grant. Financing available through Scott Falconer at PrimeLending. Contact us today to learn more about this affordable rehab opportunity!
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Multi-Family
Interior
Heating Hot Water
Fireplace No
Exterior
Exterior Feature Cedar
Amenities Available Private Entry
Building
Foundation Basement
Water Public Water
Structure Type Cedar
Schools
School District Detroit City School District
Others
Assessment Amount $340
Energy Description Natural Gas
Financing Cash,Conventional,FHA,FHA 203K
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Listed by Historic Realty Detroit