NOT LISTED FOR SALE
5 Beds
8 Baths
1,997 Sq Ft
4,356 Sq Ft Lot

Last Sold September 13, 2023

Last sale price $184,000 $92 Per Sq Ft

24 Days on Market

Highlights

  • Ranch Style House
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

As of September 2023

Attention Investors!

This brick multifamily property is a dream come true for investors seeking a lucrative opportunity. With four units that are fully occupied, you can start earning rental income from day one!

Situated in a prime location, this property is conveniently close to shopping centers and schools, making it desirable for potential tenants.

Don't miss out on this incredible chance to add a fully occupied multifamily property to your portfolio.

Last Agent to Sell the Property

Makia Rushton

Slater Signature Homes License #6501409167 Listed on: 07/05/2023

Last Buyer's Agent

Deborah Lee Darling

EXP Realty Main License #6501438003

EXP Realty Main

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1956 | Remodeled in 2021

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 43.00 x 100.00

Home Design

  • 1,997 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation

Bedrooms and Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number W22I001857C8

Community Details

Overview

  • 4 Units
  • Frischkorns W Chicago Blvd Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,947

Year Built

Built in 1956 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 100.00
  • Year Built: 1956
  • State Equalized Value: 39900.0000
  • Year Renovated: 2021
  • Pets Allowed: Call
  • Special Features: 1026
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 4.40
  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Sq Ft Combined: 1997
  • Total Sq Ft: 1997

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Brick
  • Road Frontage Type: Paved
  • Sideof Street: E

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 43.00 x 100.00
  • Parcel Number: W22I001857C8
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Water/Sewer, Water
  • Monthly Rental Income: 2850

Tax Info

  • Tax Amount Summer: 1748.0000
  • Tax Amount Winter: 199.0000
  • Total Tax: 1947.0000
  • Taxable Value: 21133.0000

Multi Family

  • Gross Scheduled Income: 34200.00
  • Number Of Units Total: 4
  • Number of One Bedroom Units: 3
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 4

MLS Schools

  • School District: Detroit

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/13/2023 09/13/23 Sold $184,000 -26.4% $92 / Sq Ft
07/29/2023 07/29/23 Pending -- -- --
07/05/2023 07/05/23 For Sale $250,000 +131.5% $125 / Sq Ft
11/08/2019 11/08/19 Sold $108,000 -16.9% $27 / Sq Ft View Prior Sale
08/15/2019 08/15/19 Pending -- -- --
08/06/2019 08/06/19 For Sale $130,000 0.0% $33 / Sq Ft
05/28/2019 05/28/19 Pending -- -- --
05/09/2019 05/09/19 For Sale $130,000 -- $33 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20230053319

Realcomp

APN: 22001857-8