10027 Elmira St, Detroit, MI 48204
- $32,000
- 2
- BA
- 1,680
- SqFt
- Sold Price
- $32,000
- List Price
- $37,000
- Closing Date
- Jul 17, 2024
- MLS#
- 20240032452
- Status
- CLOSED
- Bathrooms
- 2
- Subdivision
- B E TAYLORS SOUTHLAWN (PLATS)
Property Description
***Investor Special*** This recently vacated multi-family unit is an investor's dream. With a competitive price, this property features a 1-bedroom, 1-bathroom unit upstairs and a 2-bedroom, 1-bathroom unit downstairs. Each unit has a sizeable living room, formal dining room, and its own separate entrance and basement access. The property boasts a large, fenced yard and is conveniently located with easy access to downtown Detroit via Grand River Avenue, or to northern Detroit suburbs via quick connections to I-96 and the Lodge Freeways. With some rehabilitation and updates, this could become a profitable multi-unit rental property. Potential rental income could reach up to $2,000/month, with an after-repair value (ARV) of $119k and higher, based on comparable properties in the same block and surrounding areas.
Additional Information
- Year Built
- 1926
- Basement Type
- Unfinished
- Acres
- 0.09
- Style
- Bungalow
- Acres
- 0.09
- School District
- Detroit
- Heating
- Forced Air, Natural Gas
- Garage Spaces
- 1
- Garage Description
- 1 Car
Mortgage Calculator
Courtesy of C Miles Realty LLC 3139126694
Selling Office: Grant and Main, LLC.
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