$40,000
12351 ELMDALE Street Detroit, MI 48213
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$40,000
Est. payment /mo
2 Baths
5,227 Sqft Lot
UPDATED:
10/04/2024 02:54 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20240073326
Originating Board Realcomp
Year Built 1951
Annual Tax Amount $754
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 35.00 x 150.00
Property Description
This recently updated multifamily property in Detroit offers a prime investment opportunity with modernized electrical systems and plumbing upgraded in 2019. While minor cosmetic updates are needed, the significant infrastructure improvements provide a value-added opportunity for investors. The property is ideal for generating dual rental income or owner-occupied living with rental potential. Recent renovations ensure low maintenance, maximizing ROI, and its versatile layout allows for various investment strategies, including rental, resale, or occupancy. Act now to take advantage of this lucrative opportunity in Detroit’s growing market.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Multi-Family
Direction Go North Of I-94 And East Of Outer Drive.
Interior
Heating Forced Air
Exterior
Waterfront No
View Y/N No
Building
Sewer Public
Water Public
Structure Type Brick
Others
Tax ID W21I007360S
Acceptable Financing Cash
Listing Terms Cash
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Listed by Inside Realty, LLC