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4357 W Philadelphia Detroit, MI 48204
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Key Details
Sold Price $170,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Municipality Detroit City
Subdivision Detroit City
MLS Listing ID 50153956
Sold Date 12/13/24
Originating Board MiRealSource
Year Built 1916
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 3485
Property Description
Incredible opportunity on this completely renovated and remodeled 2-unit duplex with an amazing 12% cap rate (based on rents of 1,200 per unit and current taxes). These units are ready for immediate occupancy! Both units have separate entrances & utilities, 3 bedrooms and one full bath. Each unit has access to the basement through the rear stairwell. Large expansion attic for storage space. All electrical, furnaces, hot water tanks, plumbing & stainless-steel appliances are all new! Perfect for owner occupant as well, rent one unit and pay your mortgage.
Location
State MI
County Wayne
Area Wayne County - 100
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Structure Type Block,Brick
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
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