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2296 W BUENA VISTA Street Detroit, MI 48238
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Key Details
Sold Price $299,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,184 sqft
Price per Sqft $71
Subdivision More Than One Subdivision Involved
MLS Listing ID 20240054762
Sold Date 09/25/24
Style Quadruplex
Bedrooms 4
Full Baths 4
Originating Board Realcomp II Ltd
Year Built 1925
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 43.00 x 119.00
Property Description
WELCOME TO 2296 W BUENA VISTA, DETROIT, MI – AN INCREDIBLE INVESTMENT OPPORTUNITY IN THE HEART OF THE CITY! THIS 4-UNIT MULTIFAMILY HOME FEATURES 2 GENEROUS SIZED BEDROOMS AND 1 BATHROOM IN EACH UNIT. IMAGINE THE POTENTIAL FOR PASSIVE INCOME WITH
2 UNITS CURRENTLY RENTED FOR $1150 EACH/ $2300 TOTAL PER MONTH. ESTIMATED $4600+ PER MONTH ONCE AT 100% OCCUPANCY. THIS PROPERTY IS A SAVVY INVESTOR'S DREAM, PROVIDING AN EXCELLENT RETURN ON INVESTMENT. THIS MULTIFAMILY GEM IS NOT JUST ABOUT NUMBERS; IT'S ABOUT LIFESTYLE TOO. THE STRATEGIC LOCATION PUTS YOU JUST 7 MINUTES AWAY FROM DOWNTOWN DETROIT, MAKING IT AN IDEAL CHOICE FOR THOSE WHO VALUE CONVENIENCE AND ACCESSIBILITY. SITUATED RIGHT OFF THE FREEWAY, COMMUTING BECOMES A BREEZE, OFFERING EASY ACCESS TO ALL THAT THE CITY HAS TO OFFER. ONE OF THE UNIQUE FEATURES OF THIS PROPERTY IS ITS SUITABILITY FOR HOUSE HACKING. LIVE IN ONE UNIT AND LET THE OTHER THREE UNITS CONTRIBUTE TO YOUR MORTGAGE OR PROVIDE A STEADY STREAM OF RENTAL INCOME. IT'S A SMART WAY TO MAKE YOUR HOUSING EXPENSES WORK FOR YOU. THE PROPERTY HAS UNDERGONE EXTENSIVE RENOVATIONS. UPGRADES INCLUDE NEW ROOF, WINDOWS, PLUMBING, DRYWALL, HEATING, DUCT WORK, AS WELL AS ELECTRICAL IMPROVEMENTS. THE INTERIOR BOASTS BEAUTIFUL FINISHES. DON'T MISS OUT ON THIS FANTASTIC OPPORTUNITY TO INVEST IN A TURNKEY PROPERTY THAT COMBINES MODERN AMENITIES WITH A PRIME LOCATION. WHETHER YOU'RE A SEASONED INVESTOR OR LOOKING TO START YOUR REAL ESTATE JOURNEY, 2296 W BUENA VISTA IS A MUST-SEE. SCHEDULE YOUR VIEWING TODAY AND MAKE YOUR MARK ON THE DETROIT REAL ESTATE SCENE!
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Zoning Multi-Family
Direction Buena Vista & 14th Street
Rooms
Basement Unfinished
Interior
Heating Hot Water, Wall/Floor Furnace
Fireplace no
Heat Source Natural Gas
Exterior
Garage Spaces 2.0
Road Frontage Paved
Garage yes
Building
Foundation Basement
Sewer Sewer at Street
Water Water at Street
Architectural Style Quadruplex
Level or Stories 2 Story
Structure Type Brick
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID W08I004324S
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional
Rebuilt Year 2024
Listing Terms Cash, Conventional
Financing Cash,Conventional
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©2024 Realcomp II Ltd. Shareholders
Bought with Keller Williams Metro