475 W Golden Gate, Detroit, MI 48203

$140,500
3
BA
2,916
SqFt

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Sold Price
$140,500
List Price
$150,000
Closing Date
Feb 27, 2025
MLS#
20240076764
Status
CLOSED
Bathrooms
3
Half-baths
1
Subdivision
GRIX HOME PARK SUB OF ELY PT OF LOTS 3 & 4

Property Description

AWESOME deal for this RARE Investment opportunity in a highly desirable area across from Palmer Park and the Woodward Corridor. Rock Solid 6 bedroom, 2.5 bath Spacious Brick Duplex. (3 beds, 1 bath each unit). A great Income opportunity for anyone else who might think that being only 10 minutes from the "D" -think Ford Field, Comerica Park, Little Caesars Arena- and just a short walk to Woodward Avenue is an ideal location! Living in one unit while renting out the other provides great financial benefits! Properties are being quickly snatched up and renovated all along the Woodward Corridor, an area that provides renters with convenience and close proximity not only to Downtown Detroit, but to more cool cities like Ferndale, Pleasant Ridge, Royal Oak, and Birmingham and to popular employers like Amazon, the Detroit Medical Center Hospitals, and many other places that close-by access to the Woodward Avenue provides. Currently owner occupied but ready for new tenants in both units after closing. Hardwood floors throughout! Large common basement with one washer and dryer set for common use, 2 access doors to basement, one for each unit. The separate electric and water bills are the only utility bills. The upper unit has a newer electric boiler and the lower unit is heated with space heaters. The refrigerator and stove in the upper unit are included with the sale. The stove, refrigerator and mounted TVs in the lower flat are excluded from the sale. All showings much be scheduled and accompanied by a licensed Michigan Realtor. Please do not go onto the property or walk around the duplex without an appointment. This classic and spacious Brick Duplex will not last long!

Additional Information

Year Built
1925
Basement Type
Common, Full, Unfinished, Walkout
Acres
0.14
Style
Colonial
Acres
0.14
School District
Detroit
Cooling
Ceiling Fan(s), Wall Units
Heating
Electric, Hot Water
Garage Description
Garage

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Calculator source: Real Geeks

Courtesy of National Realty Centers, Inc 2487241234

Selling Office: EXP Realty Main.

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