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+15868545396
Community Choice Realty
8072 Prairie Street, Detroit, MI 48204 3429
- $55,000
- 3
- BD
- 2
- BA
- 1,400
- SqFt
- List Price
- $55,000
- Status
- ACTIVE
- MLS#
- 61039878
- Days on Market
- 21
- Style
- Tudor, Other
- Year Built
- 1925
- Bedrooms
- 3
- Bathrooms
- 2
- Acres
- 0.07
- Living Area
- 1,400
- Municipality
- Detroit
- Region
- Detroit
- Township
- Detroit
- Subdivision
- Herbert L Bakers Greenfield Gardens Sub
Property Description
Location, Location, Location! Located on the border of Dearborn , MI and only minutes from Downtown Detroit, this home is priced to offer great built in equity for the savvy investor or handy man. This is an awesome investment setup to offer generational wealth! It has been setup as 2 unit investment property, however, it can be easily converted to a 1 family home. With the necessary updates, this sturdy property offers immediate equity based on 3 bedroom 2 bath comps projected around 3.5 times the purchase price. The first floor unit is very spacious with 2 bedrooms and setup for a bathroom and kitchen. The second floor unit has 1 spacious bedroom and is setup for another full kitchen and bathroom. This is a potential 2 income property and has awesome longstanding neighbors with an extra lot on the side of the property. Approximately 1.5 miles from the Jeffries expressway and super close proximity to downtown and the Grand BLVD business and medical districts. Other benefits: the city plans to expand the footprint of the downtown walking path to this nearby area. The property is sold AS IS and requires BATVAI.
Additional Information
- Lot Dimensions
- 30 x 104
- Heating
- Natural Gas, Forced Air
- Fireplace Features
- Living Room
- Basement
- Yes
- Basement Description
- Unfinished
- Foundation
- Basement
- Water
- Public
- School District
- Detroit City School District
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Listing Courtesy of Keller Williams Advantage, Office Phone: 248-380-8800
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.