Detroit, MI 48204 5424,12242 WASHBURN Street
Detroit, MI 48204 5424,12242 WASHBURN Street
Detroit, MI 48204 5424,12242 WASHBURN Street
32
$60,000
$65,000
7.7%
Est.Price: ?

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3 BA
2,340 SqFt

12242 WASHBURN Street Detroit, MI 48204 5424

Est. payment /mo
SOLD DATE : 12/16/2024

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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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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by KW Metro
Bought with LPS

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David Wietecha

Agent | License ID: 6501453131

+1(586) 722-6737

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