1014 Waterman Street, Detroit, MI 48209 2256

$145,000
3
BA
2,600
SqFt

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List Price
$145,000
Status
ACTIVE
MLS#
61031053
Days on Market
32
Year Built
1915
Price Change
▼ $14,900 1791861707
Bathrooms
2
Half baths
1
Acres
0.11
Living Area
2,600
Municipality
Detroit
Region
Detroit
Township
Detroit
Subdivision
Kaiers Sub Of Lts 16 Thru 29

Property Description

INVESTOR SPECIAL - HUGE VALUE-ADD OPPORTUNITY! This 2-unit multifamily duplex is priced to sell at $159,900 and ready for someone with vision to bring it back to life. Both units are in need of TLC and updating, making this an excellent opportunity for an investor looking to renovate, build equity, and maximize future rental or resale potential. Priced approximately 20-30% below updated multifamily properties in the area, there is plenty of room to add value through improvements. Renovate and hold for rental income, explore a house-hack opportunity, or reposition for resale. Bring your contractor, your creativity, and your vision -- the potential is here! A great opportunity to breathe new life into this property and turn it into something special.

Additional Information

Lot Dimensions
30 x 157.5
Heating
Forced Air
Basement
Yes
Basement Description
Poured
Foundation
Basement
Water
Public
School District
Detroit City School District

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Listing Courtesy of ICON Realty Experts, LLC, Office Phone: 248-985-9961

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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.