Estimated Value: $58,000 - $152,756
This duplex is located directly adjacent to the highly desirable Boston Edison Historic District. TLC needed. Once renovated, each 3 bed / 1 bath flat should rent for $1,200 monthly, the perfect purchase for a home buyer looking for a tenant to pay their mortgage or a savvy investor in search of significant cashflow. Less than 10 minute drive to downtown Detroit, and a 5 minute drive to midtown, this home ownership opportunity is uniquely rare and one to take advantage of. It's your time to own a piece of Detroit’s comeback!
Last Agent to Sell the Property
Ishma Best
PREP Realty License #6502415723 Listed on: 08/12/2022
Home Type
Est. Annual Taxes
Year Built
Lot Details
Parking
Home Design
Interior Spaces
Utilities
Listing and Financial Details
Overview
Pet Policy
$99,900
SELLER FINANCING / LAND CONTRACT TERMS AVAILABLE AT 115,000 PURCHASE PRICE, 30,000 DOWN PAYMENT, 8% INTEREST, 96 MONTH TERM. 1031 / MONTH. Seller financing/land contract terms are negotiable.A hidden gem awaiting your creative vision! This 2-family home presents an exceptional opportunity for ambitious investors or forward-thinking homeowners ready to build their future. Ideally located near
Derek Lievens Market Elite Inc
$118,999
Turnkey - Opportunity. This brick two family offers separate entrances and utilities. Each unit features 2 bedrooms, kitchen, living and dining room. The basement is an open common space area. Investors check out the ROI on this one. A license realtor is required on all showings and inspections. BATVAI prior to making an offer.
Clarence Wilson RCH Brokerage Legacy Inc
$125,000
Excellent investment opportunity! This fully leased, income-producing multi-family brick home features two spacious units, each offering 2 bedrooms and 1 bathroom. Updated and remodeled in 2023, the property boasts a brand-new roof, updated mechanicals, and a well-designed layout. Enjoy additional space with two side lots, a large driveway, and a generously sized yard—perfect for outdoor
Jennifer Aparicio EXP Realty Main
$115,000
Calling all Investors Come add this Multi Family Unit to your Portfolio . Located close to the Russell Woods Community , close to major freeways and minutes from downtown Detroit. Lower unit currently occupied, Units are 3bed 1 bath with no lease in place tenants can remain or move out .
Erica Jones Jones Realty Brokerage LLC
$89,900
GREAT INCOME PROPERTY 2 BDRMS UP 2 DOWN SEPARATE UTILITES. SOME WORK DONE BUT NEEDS TLC. AS IS SALE
Darroll Jenkins Community Choice Realty Inc
$125,000
Chance to own a "diamond in the rough" in an area being restored. Solid brick, 2 family flat, with porches and brick garage, Perfect as a rental or suitable for a large family. Has had work done. Still needs TLC and finishing touches. Immediate possession. Current proof of funds needed with any cash offer. Pre-approval needed with conventional or FHA 203k offers. Sold "AS IS"
Barry Canner RE/MAX Classic
$75,000
This is your opportunity to invest in one of Detroit's hottest areas! Located between New Center Area and Boston Edison, this 3 unit has 2 bedrooms in the attic and 2, 3 bedrooms. Great investment opportunity or primary residence within walking distance to transit, and minutes away from Wayne State, entertainment, awesome retail and downtown! Sale contingent on buyer/seller executed development
Natasha Richards Bellabay Realty Tri Counties
$104,999
Investor special in one of Detroit’s promising up-and-coming neighborhoods! This spacious two-family flat features two units, each offering 3 bedrooms and 1 bathroom, making it ideal for house hacking or adding to your rental portfolio. Located in a revitalizing area just minutes from major freeways, downtown Detroit, and key redevelopment projects, this property offers serious upside potential.
Tinaesha Sims Front Page Properties
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cgi Global Innovative Llc | $130,000 | None Listed On Document | |
| Elephant Investment Group Llc | $45,000 | -- | |
| Odonnell Ryan | $5,500 | Embassy Title Agency Inc | |
| Real Estate Solutions Unlimited Llc | -- | None Available | |
| Novastar Mortgage Inc | -- | None Available | |
| Mortgage Electronic Registration Systems | $68,597 | -- | |
| Turner Barbara | -- | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cgi Global Innovative Llc | $187,500 | |
| Closed | Cgi Global Innovative Llc | $131,000 | |
| Previous Owner | Elephant Investment Group Llc | $75,000 | |
| Previous Owner | Turner Barbara | $79,200 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/11/2022 10/11/22 | Sold | $45,000 | -30.8% | $22 / Sq Ft |
| 10/01/2022 10/01/22 | Pending | -- | -- | -- |
| 09/30/2022 09/30/22 | For Sale | $65,000 | 0.0% | $32 / Sq Ft |
| 09/23/2022 09/23/22 | Pending | -- | -- | -- |
| 09/02/2022 09/02/22 | Price Changed | $65,000 | -13.3% | $32 / Sq Ft |
| 08/12/2022 08/12/22 | For Sale | $75,000 | +1263.6% | $37 / Sq Ft |
| 04/11/2018 04/11/18 | Sold | $5,500 | +12.2% | $3 / Sq Ft |
| 03/28/2018 03/28/18 | Pending | -- | -- | -- |
| 03/01/2018 03/01/18 | For Sale | $4,900 | -- | $2 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $543 | $4,600 | $0 | $0 |
| 2023 | $525 | $3,700 | $0 | $0 |
| 2022 | $752 | $8,500 | $0 | $0 |
| 2021 | $735 | $5,950 | $0 | $0 |
| 2020 | $735 | $6,500 | $0 | $0 |
| 2019 | $826 | $5,490 | $0 | $0 |
| 2018 | $771 | $5,600 | $0 | $0 |
| 2017 | $121 | $6,400 | $0 | $0 |
| 2016 | $1,505 | $13,600 | $0 | $0 |
| 2015 | $1,380 | $13,800 | $0 | $0 |
| 2013 | $1,915 | $19,149 | $0 | $0 |
| 2010 | -- | $27,436 | $720 | $26,716 |
Seller's Agent in 2022
Ishma Best
PREP Realty
(313) 355-3004
2 in this area
101 Total Sales
Buyer's Agent in 2022
LuQuandra Robinson
Front Page Properties
(313) 587-2797
3 in this area
40 Total Sales
Seller's Agent in 2018
Nate Stull
Prosperous Properties LLC
(248) 798-6964
35 Total Sales
N
Buyer's Agent in 2018
Nathan Stull
Prosperous Properties LLC
Source: Realcomp
MLS Number: 20221030677
APN: 06-002954
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393