8072 Prairie Street, Detroit, MI 48204
8072 Prairie Street, Detroit, MI 48204
8072 Prairie Street, Detroit, MI 48204
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$55,000
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3 Beds
2 Baths
1,400 SqFt
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8072 Prairie Street Detroit, MI 48204

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Epique Realty

Epique Realty

+1(512) 387-0722

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,400 sqft

Price per Sqft $39

MLS Listing ID 20261082210

Bedrooms 3

Full Baths 2

Year Built 1925

Annual Tax Amount $902

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 30X104

Property Sub-Type Single Family Residence

Source Realcomp

Property Description

Location, Location, Location! Located on the border of Dearborn , MI and only minutes from Downtown Detroit, this home is priced to offer great built in equity for the savvy investor or handy man. This is an awesome investment setup to offer generational wealth! It has been setup as 2 unit investment property, however, it can be easily converted to a 1 family home. With the necessary updates, this sturdy property offers immediate equity based on 3 bedroom 2 bath comps projected around 3.5 times the purchase price. The first floor unit is very spacious with 2 bedrooms and setup for a bathroom and kitchen. The second floor unit has 1 spacious bedroom and is setup for another full kitchen and bathroom. This is a potential 2 income property and has awesome longstanding neighbors with an extra lot on the side of the property. Approximately 1.5 miles from the Jeffries expressway and super close proximity to downtown and the Grand BLVD business and medical districts. Other benefits: the city plans to expand the footprint of the downtown walking path to this nearby area. The property is sold AS IS and requires BATVAI.

Location

State MI

County Wayne

Direction Driving South on Livernois, turn right onto Tireman and drive east. Make right onto Prairie..01

Interior

Heating Forced Air

Fireplaces Type Living Room

Fireplace true

Exterior

View Y/N No

Roof Type Other

Garage No

Building

Story 2

Sewer Public

Water Public

Structure Type Brick,Wood Siding

Schools

School District Detroit

Others

Tax ID W16I022473S

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition {"REO/Bank Owned":true}

Listed by Keller Williams Advantage

NEARBY SCHOOL & BUSINESS

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Epique Realty

Epique Realty

Company License ID: DRE01797917

+1(512) 387-0722

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8072 Prairie Street