2571 Townsend St, Detroit, MI 48214
- $347,525
- 3
- BA
- 2,800
- SqFt
- Sold Price
- $347,525
- List Price
- $335,000
- Closing Date
- May 13, 2024
- MLS#
- 20240032198
- Status
- CLOSED
- Bathrooms
- 3
- Subdivision
- BOULEVARD PARK SUB (PLATS )
Property Description
House Hacking is the perfect way to hedge against high interest rates. Live in a comfortable bi-level upper unit in Islandview with open floor plan, main level laundry, 2 full baths, including top-floor primary suite. Rent out the lower and reduce your monthly payment by half. Pay as little as 3% down. Some preferred loan programs have no PMI, lower interest rates (in the sixes!) and closing cost grants, and allow you to use projected rent as income. Ask your agent to get the details! Both units completely renovated with all new roof, electrical, heating, plumbing, insulation floors, walls, kitchens and bathrooms, most window replaced as well This is not just a property; it's a strategic investment with great potential. Each unit comes with refrigerator, range, dishwasher, washer-dryer, microwave, to be installed prior to closing (credit can be negotiated for central air). Residents of this neighborhood love it's bike-ability and proximity to Belle Isle and West Village. Islandview is undergoing large infrastructure updates to the electrical grid, and almost every house on the block is being renovated. FHA and VA friendly.
Additional Information
- Year Built
- 1918
- Basement Type
- Unfinished
- Acres
- 0.07
- Style
- Duplex
- Acres
- 0.07
- School District
- Detroit
- Interior Features
- Programmable Thermostat
- Cooling
- Central Air
- Heating
- Forced Air, Natural Gas
- Exterior Features
- Private Entrance
- Garage Description
- On Street, Parking Pad
Mortgage Calculator
Courtesy of Berkshire Hathaway HomeServices The Loft Warehouse 3136586400
Selling Office: Prep Realty.
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