17342 Warrington Drive, Detroit, MI 48221 2767

$350,000
5
BA
2,673
SqFt

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List Price
$350,000
Status
ACTIVE
MLS#
61032813
Days on Market
27
Year Built
1928
Bathrooms
5
Acres
0.09
Living Area
2,673
Municipality
Detroit
Region
Detroit
Township
Detroit
Subdivision
Keans Sub Of Sw 1/4 Of Sw 1/4 Of Sec 10

Property Description

A compelling income-producing opportunity in Detroit's University District, offering extensive renovations, established rental income, and additional value-add potential. Currently occupied, the property features two beautifully renovated primary units, each with an open layout, refinished original hardwood floors, solid wood cabinetry, updated bathrooms including an ensuite bath, and dedicated in-unit laundry hookups. Major improvements include new electrical, plumbing, HVAC, water heaters, windows, and roof. The upper residence also extends to a bonus third-floor en-suite with luxurious bathroom. The lower level has been framed and drywalled with a completed bathroom and separate laundry area, providing an opportunity to further maximize the property. Ideally positioned near the University of Detroit Mercy, Marygrove, Livernois Avenue of Fashion, restaurants, shopping, and continued redevelopment along McNichols. An excellent opportunity to acquire a substantially renovated property with rental income already in place and additional upside. One unit is currently leased at $1,700/month through May 31, while the second is leased at $1,800/month on a month-to-month basis.

Additional Information

Lot Dimensions
38.00 x 100.00
Interior Features
Cable/Internet Avail.
Heating
Forced Air
Cooling
Central Air
Basement
Yes
Basement Description
Partially Finished
Appliances
Gas Water Heater
Sewer
Public At Street
Foundation
Basement
Water
Public Water at Street
School District
Detroit City School District

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Listing Courtesy of @properties Christie's Int'l R.E. Birmingham, Office Phone: 248-850-8632

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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.