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1975 SEWARD Street Detroit, MI 48206
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Key Details
Sold Price $149,900
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,250 sqft
Price per Sqft $46
Subdivision Mc Gregors (Plats)
MLS Listing ID 20240070977
Sold Date 11/22/24
Style Quadruplex
Bedrooms 4
Full Baths 4
Originating Board Realcomp II Ltd
Year Built 1916
Annual Tax Amount $1,152
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 35.00 x 133.00
Property Description
Fantastic 4-Unit Investment Opportunity in Detroit’s LaSalle Park Community
Located in the rapidly developing LaSalle Park neighborhood, this 4-unit multi-family property offers an exceptional opportunity for investors. Each unit features 2 spacious bedrooms, 1 bathroom, hardwood floors, and its own private balcony porch. While the property does require rehab to reach top rental potential, its location within Detroit’s North End Empowerment Zone makes it a prime investment.
The area is flush with new developments, including modern condos and renovated multi-unit buildings, ensuring long-term growth and demand. With continued investment pouring into the neighborhood, this property is ideal for those looking to create a lucrative rental income or explore the possibilities of short-term rentals like Airbnb.
Don’t miss out on this chance to own a piece of Detroit’s growing real estate market!
Buyer to pay listing broker a $495 compliance fee
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Zoning Multi-Family,Multiple
Direction Rosa Parks South to Steward Rt on Steward
Rooms
Basement Unfinished
Interior
Interior Features Circuit Breakers
Hot Water Natural Gas
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Garage Spaces 10.0
Roof Type Asphalt
Road Frontage Paved
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Quadruplex
Level or Stories 2 Story
Structure Type Brick
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID W08I001916S
Ownership Short Sale - No,Private Owned
Assessment Amount $240
Acceptable Financing Cash, Conventional, Warranty Deed
Listing Terms Cash, Conventional, Warranty Deed
Financing Cash,Conventional,Warranty Deed
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Bought with Clyde Realty, LLC