$83,000
$95,000
12.6%For more information regarding the value of a property, please contact us for a free consultation.
4,356 Sqft Lot
SOLD DATE : 10/15/2024
Key Details
Sold Price $83,000
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality Detroit City
Subdivision Moore Hodges & Warrens Sub
MLS Listing ID 24028968
Sold Date 10/15/24
Year Built 1915
Annual Tax Amount $1,598
Tax Year 2023
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 127' x 35'
Property Sub-Type 2 to 4 Units
Source Michigan Regional Information Center (MichRIC)
Property Description
This 2 Family Flat is YOURS TO DESIGN from the inside and out, whichever way your heart desires. Welcome to 616 + 618 BELMONT STREET located just a hop skip and a jump from DOWNTOWN DETROIT which takes you just about 11 Minutes when driving. This properties potential has yet to be touched! With comparable property selling for upwards of $350K, THE ROI IS UNMATCHED. Ever heard of house hacking? With this property you can live in one unit, and rent out the other in no time with rental amounts for 3 bedroom units renting out for upwards of $1,300/MONTH you can live RENT FREE all while staying close to the latest happenings. Do not miss this opportunity before it is gone. Start building your portfolio today!**PURCHASER MUST ASSUME DLBA COMPLIANCE, BUY USING CASH, AND RECEIVE A QCD FOR TITLE**
Location
State MI
County Wayne
Area Wayne County - 100
Direction USE GPS
Rooms
Basement Full
Interior
Heating None
Cooling None
Exterior
Utilities Available Natural Gas Connected, Electricity Connected
View Y/N No
Roof Type Other
Total Parking Spaces 1
Building
Sewer Public Sewer
Structure Type Brick
New Construction No
Schools
School District Detroit
Others
Tax ID 03002708.
Acceptable Financing Cash
Listing Terms Cash
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Bought with Coldwell Banker Weir Manuel-GPF
