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12242 WASHBURN Street Detroit, MI 48204 5424
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Key Details
Sold Price $60,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,340 sqft
Price per Sqft $25
Subdivision Mi
MLS Listing ID 60346344
Sold Date 12/16/24
Style 2 Story
Full Baths 2
Half Baths 1
Year Built 1924
Annual Tax Amount $1,383
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 35 x 112
Property Description
"BACK ON THE MARKET at not fault to the Seller..Buyer was unable to preformed Home appraisal for $180k ARV... Great investment opportunity! This 2-unit multi-family home features two 3-bedroom, 1-bathroom units. Major updates already completed: new roof, mechanicals, plumbing, and electrical throughout. The first-floor unit is nearly 85% complete, just needing the finishing touches. The second-floor unit is about 50% complete, offering a chance for customization and added value. Perfect for investors or owner-occupants looking to generate rental income. Don’t miss out on this promising property in Detroit!"
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Multi-Family
Rooms
Basement Block
Interior
Heating Forced Air
Cooling Central A/C
Fireplace No
Exterior
Exterior Feature Brick
Building
Story 2 Story
Foundation Basement
Water Public Water at Street
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,Conventional,FHA 203K
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Bought with LPS