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3282 TUXEDO Street Detroit, MI 48206 1028
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Key Details
Sold Price $21,250
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,756 sqft
Price per Sqft $7
Subdivision Mi
MLS Listing ID 40043156
Sold Date 07/29/20
Style 2 Story
Full Baths 2
Year Built 1927
Annual Tax Amount $1,561
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 34.00X125.00
Property Sub-Type Multi-Family
Property Description
Solid bones on this 2 family duplex and with some work you could turn this into an income producing opportunity. All floors and walls are solid, needs new windows and mechanicals. The current owner has too many projects to get to this one. His loss is your gain! Be a part of Detroit's revival by turning this back into a home that is lived in, or earn a solid income as a rental. The block is active and well maintained. Each unit will rent for $850 after renovation, so $1700 per month makes this a solid ROI buy.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Multi-Family
Rooms
Basement Block, Common
Interior
Heating Other-See Remarks
Cooling Other
Exterior
Exterior Feature Brick
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with LPS